Hyatt Hotels Corporation (H)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | 128.00 | 93.44 | 85.22 | 44.00 | 55.33 | |
DOH | days | 2.85 | 3.91 | 4.28 | 8.30 | 6.60 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 128.00
= 2.85
The days of inventory on hand (DOH) for Hyatt Hotels Corporation have been fluctuating over the past five years. In December 2020, the DOH stood at 6.60 days, indicating that the company was holding inventory for approximately 6.60 days before it was sold. By the end of December 2021, this metric increased to 8.30 days, suggesting a slower inventory turnover rate compared to the previous year.
However, in the subsequent years, Hyatt Hotels Corporation made significant improvements in managing its inventory. The DOH decreased to 4.28 days by December 2022, signaling a more efficient inventory management system. Furthermore, by December 2023, the DOH decreased further to 3.91 days, indicating that the company was holding inventory for a shorter period before selling it.
By the end of December 2024, the DOH for Hyatt Hotels Corporation dropped even lower to 2.85 days, showcasing a continuous improvement in inventory management efficiency. Overall, the trend in the DOH for Hyatt Hotels Corporation reflects a positive trajectory towards more efficient inventory turnover and management practices over the analyzed period.
Peer comparison
Dec 31, 2024