DaVita HealthCare Partners Inc (DVA)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 15.69 | 19.13 | 17.46 | 16.82 | 18.82 | |
| DOH | days | 23.26 | 19.08 | 20.90 | 21.69 | 19.39 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 15.69
= 23.26
Based on the given data, there is missing information on DaVita Inc's days of inventory on hand for the years 2019 to 2023, making it difficult to provide a specific trend analysis. However, in general, days of inventory on hand (DOH) is a key efficiency ratio that indicates how many days it takes for a company to sell its inventory.
A decreasing trend in DOH over the years would suggest that DaVita Inc is more efficient in managing its inventory levels and turning them into sales quickly. This could be a positive sign of effective inventory management and potentially lower holding costs.
Conversely, an increasing trend in DOH could indicate potential issues such as overstocking, obsolete inventory, or slowing sales that may lead to higher carrying costs and reduced liquidity.
It would be beneficial to obtain the missing data for a comprehensive analysis of DaVita Inc's inventory management efficiency over the years and to compare it with industry benchmarks to better assess the company's performance in this area.
Peer comparison
Dec 31, 2023