Equifax Inc (EFX)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | 16.21 | 18.27 | 16.69 | |
| DOH | days | — | — | 22.51 | 19.97 | 21.87 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) ratio for Equifax Inc has shown a fluctuating trend over the years.
In 2020, the company had 21.87 days worth of inventory on hand, suggesting that it took approximately 21.87 days to sell its existing inventory.
By the end of 2021, the DOH ratio improved slightly to 19.97 days, indicating a more efficient management of inventory.
However, in 2022, the DOH ratio increased to 22.51 days, which could imply a potential buildup of inventory relative to sales.
The data shows that no specific values are available for 2023 and 2024, limiting the ability to assess the company's inventory management during those periods.
Overall, the trend in the days of inventory on hand ratio for Equifax Inc indicates some variability in inventory management efficiency over the years, highlighting the importance of closely monitoring inventory levels to optimize operational performance.