Encompass Health Corp (EHC)
Days of inventory on hand (DOH)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | 82.60 | 48.84 | 44.86 | 50.78 | |
DOH | days | — | 4.42 | 7.47 | 8.14 | 7.19 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the information provided, it appears that the days of inventory on hand (DOH) for Encompass Health Corp is not available for the years from 2019 to 2023. Without specific figures for each year, it is challenging to make a detailed analysis of the trend in inventory management efficiency over time.
However, DOH is a crucial ratio that indicates how many days, on average, a company holds its inventory before selling it. A decreasing trend in DOH generally suggests improved efficiency in inventory management, while an increasing trend may indicate inefficiencies or potential issues with inventory turnover.
To gain further insights into Encompass Health Corp's inventory management performance, it would be essential to retrieve specific DOH figures for each year and analyze any patterns or deviations from industry benchmarks. This analysis could help evaluate the company's ability to effectively manage its inventory levels and optimize liquidity and profitability.
Peer comparison
Dec 31, 2023