FTI Consulting Inc (FCN)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 46.03 | — | 31.92 | 28.58 | |
| DOH | days | — | 7.93 | — | 11.43 | 12.77 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
To analyze FTI Consulting Inc's days of inventory on hand (DOH) based on the provided data:
1. The DOH for December 31, 2020, was 12.77 days. This indicates that, on average, FTI Consulting held its inventory for approximately 12.77 days before selling it.
2. By December 31, 2021, the DOH had decreased to 11.43 days. This suggests an improvement in inventory management efficiency as the company was able to sell its inventory more quickly compared to the previous year.
3. The data for December 31, 2022, is not available ("- days"). This could indicate missing or incomplete information for that period.
4. When looking at December 31, 2023, the DOH further decreased to 7.93 days. The decline in DOH signifies that FTI Consulting managed its inventory even more efficiently, turning over its inventory in a shorter period.
5. Unfortunately, the data for December 31, 2024, is also not available ("- days"), which limits the ability to fully assess the trend in inventory management for that year.
In conclusion, the trend in FTI Consulting Inc's days of inventory on hand shows improvements in inventory turnover efficiency over the analyzed period, with a notable decrease in DOH from 2020 to 2023. However, the missing data for 2022 and 2024 hinders a comprehensive analysis for those years.
Peer comparison
Dec 31, 2024