GXO Logistics Inc (GXO)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | 10,720.55 | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | 0.03 | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the provided data on GXO Logistics Inc's Days of Inventory on Hand (DOH), it is observed that as of March 31, 2024, the company had a very low DOH of 0.03 days. This indicates that the company held minimal inventory on hand relative to its cost of goods sold during that period.
A low DOH can suggest strong inventory management practices, efficient supply chain operations, and effective demand forecasting. However, it is important for GXO Logistics to ensure that such a low DOH does not lead to stockouts or affect its ability to meet customer demands in a timely manner.
Further analysis of trends over time and comparison with industry benchmarks would provide a better understanding of GXO Logistics Inc's inventory management efficiency. Monitoring DOH can help the company optimize inventory levels, reduce carrying costs, and improve cash flow management.
Peer comparison
Dec 31, 2024