Expedia Group Inc. (EXPE)

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	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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Inventory turnover		6.13	6.59	3.65	3.64	4.94	4.69	2.88	2.84	3.91	3.74	2.04	2.20	8.01	7.94	3.91	5.76	2.78	4.65	3.26	4.45
DOH	days	59.51	55.42	100.13	100.22	73.85	77.84	126.93	128.32	93.46	97.53	179.29	165.92	45.58	45.95	93.46	63.39	131.45	78.44	112.13	81.95

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.13
= 59.51

The days of inventory on hand (DOH) is a metric used to evaluate how efficiently a company manages its inventory. It indicates the number of days it takes for a company to sell its average inventory level. A lower DOH is generally preferred as it suggests quicker turnover and better inventory management.

Unfortunately, without specific data points for Expedia Group Inc's DOH for the quarters mentioned (Q4 2023 to Q1 2022), a detailed analysis cannot be provided. However, by monitoring trends in the DOH over time, investors and analysts can assess changes in the company's inventory management efficiency and potential impacts on its financial performance. It is advisable for stakeholders to consider additional information and historical patterns to draw meaningful conclusions regarding Expedia Group Inc's inventory management practices.