Elevance Health Inc (ELV)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		—	—	—	—	—
DOH	days	—	—	—	—	—

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

Based on the data provided for Elevance Health Inc's days of inventory on hand (DOH) for the past five years, it is noted that specific numerical values are missing for each year. The DOH metric typically reflects the average number of days a company holds its inventory before selling it and is crucial for assessing inventory management efficiency.

The absence of precise figures makes it challenging to conduct a detailed trend analysis or compare the company's inventory management performance over the years. However, generally, a decreasing trend in DOH indicates improved efficiency in inventory turnover and management, while an increasing trend may signify potential issues like excessive inventory holding, slow sales, or obsolete stock.

To provide a more insightful analysis and evaluation of Elevance Health Inc's inventory management performance, it would be essential to obtain the specific DOH figures for each year and compare them against industry benchmarks or previous periods. This would enable a more accurate assessment of the company's inventory turnover efficiency and effectiveness in managing its inventory levels.