Enhabit Inc. (EHAB)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | 331.25 | 566.05 | 253.81 | ||||
| DOH | days | — | 1.10 | 0.64 | 1.44 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Enhabit Inc. has shown some fluctuation over the past few quarters. It was not reported at the end of December 2023. In the preceding quarter, September 2023, the company had an incredibly low DOH of 1.10 days, suggesting a very high rate of inventory turnover. In June 2023, the DOH decreased even further to 0.64 days, indicating that the company was swiftly converting its inventory into sales. However, in March 2023, the DOH increased to 1.44 days, reflecting a slight slowdown in inventory turnover compared to the previous two quarters. The company's ability to manage and reduce its inventory levels efficiently is critical for its working capital management and overall financial health.
Peer comparison
Dec 31, 2023