Fluor Corporation (FLR)
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 | — | — | — | — | — | — | — | — | 15.48 | 15.76 | 14.85 | 13.95 | 57.86 | 39.79 | 12.96 | — | — | 16.52 | — | — | |
| DOH | days | — | — | — | — | — | — | — | — | 23.57 | 23.16 | 24.57 | 26.16 | 6.31 | 9.17 | 28.17 | — | — | 22.09 | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Without specific numerical values provided in the table for the Days of Inventory on Hand (DOH) ratio of Fluor Corporation across different quarters, it is challenging to conduct a detailed analysis of this particular financial metric. The DOH ratio represents the average number of days it takes for a company to sell its inventory. A lower DOH indicates that inventory is being managed efficiently, while a higher DOH may suggest inventory management issues or potential obsolescence concerns.
To fully assess the trend and performance of Fluor Corporation's DOH ratio, it is essential to have access to actual numerical values for each quarter. Comparing changes in the DOH ratio over time would provide insights into the company's inventory management practices, efficiency in converting inventory into sales, and potential risks related to excess inventory levels. Monitoring the DOH ratio can help stakeholders evaluate operational effectiveness, working capital management, and overall business performance.
In conclusion, the absence of specific data limits a thorough analysis of Fluor Corporation's Days of Inventory on Hand ratio. To gain a more comprehensive understanding of the company's inventory management efficiency, stakeholders would need specific DOH figures for each quarter to identify trends and make informed assessments.
Peer comparison
Dec 31, 2023