Equifax Inc (EFX)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | 19.76 | — | — | — | 16.15 | 15.13 | 13.46 | 16.21 | 15.32 | 13.71 | 13.89 | 18.27 | 16.07 | 14.50 | 13.02 | 16.69 | 13.30 | 13.05 | 12.91 | |
| DOH | days | — | 18.47 | — | — | — | 22.61 | 24.12 | 27.11 | 22.51 | 23.82 | 26.62 | 26.28 | 19.97 | 22.72 | 25.18 | 28.04 | 21.87 | 27.45 | 27.96 | 28.26 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Equifax Inc has shown fluctuations over the given period. The trend indicates that the company has been managing its inventory levels effectively to some extent.
The DOH decreased from 28.26 days as of March 31, 2020, to 19.97 days by December 31, 2021, which suggests an improvement in inventory management efficiency. However, there was a slight increase in DOH to 27.11 days as of March 31, 2023, followed by a decrease to 18.47 days by September 30, 2024.
It is important to note the absence of data for certain periods, as indicated by "— days", which could be due to various factors like changes in reporting practices or data availability.
Analyzing the DOH trend can help stakeholders understand how efficiently Equifax is managing its inventory levels and whether there are any implications for the company's working capital management and operational performance. Further analysis and comparison with industry benchmarks may provide additional insights into the company's inventory management practices.