DoubleVerify Holdings Inc (DV)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Inventory turnover | — | — | — | |
| DOH | days | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Days of inventory on hand (DOH) is a ratio that measures how many days a company holds onto its inventory before it is sold. In the case of DoubleVerify Holdings Inc, the DOH information for the years ending December 31, 2023, 2022, and 2021 is not available in the provided table.
The DOH ratio is calculated by dividing the average inventory for the period by the cost of goods sold (COGS) and then multiplying it by 365 (number of days in a year). A lower DOH value indicates a more efficient management of inventory, as the company is able to quickly convert inventory into sales.
Without the specific DOH values for DoubleVerify Holdings Inc for the mentioned years, it is difficult to provide a detailed analysis of the company's inventory management efficiency. In order to evaluate the company's performance in managing its inventory effectively, a comparison with industry benchmarks and trends over time would be necessary. It is recommended to obtain the missing DOH values to conduct a more thorough analysis of the company's inventory management efficiency.
Peer comparison
Dec 31, 2023