HCA Holdings Inc (HCA)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 24.12 | 27.38 | 4.53 | 4.77 | 4.13 | |
| DOH | days | 15.13 | 13.33 | 80.55 | 76.46 | 88.32 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 24.12
= 15.13
HCA Holdings Inc's days of inventory on hand (DOH) decreased from 88.32 days as of December 31, 2020, to 76.46 days as of December 31, 2021. However, the DOH increased slightly to 80.55 days by the end of December 31, 2022. The significant drop in DOH to 13.33 days as of December 31, 2023, followed by a slight increase to 15.13 days by December 31, 2024, indicates a substantial improvement in managing inventory levels and efficiency in inventory turnover. This downward trend in DOH suggests that HCA Holdings Inc is effectively managing its inventory, potentially leading to reduced carrying costs and improved liquidity.
Peer comparison
Dec 31, 2024