Envestnet Inc (ENV)
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 ÷ —
= —
Unfortunately, without specific data on Envestnet Inc.'s inventory levels in the given years, it is not possible to calculate the days of inventory on hand (DOH) ratio for each respective period. DOH is a financial ratio that indicates the average number of days a company takes to sell its inventory. A lower DOH value is generally preferred as it signifies that the company is managing its inventory efficiently and that its goods are being sold quickly. Conversely, a higher DOH value may indicate slow-moving inventory or potential liquidity concerns due to tied-up capital. To provide a meaningful analysis, the specific inventory data for Envestnet Inc. across the mentioned years would be required.
Peer comparison
Dec 31, 2023