HCA Holdings Inc (HCA)

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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Inventory turnover		20.13	19.58	19.19	11.70	4.90	4.80	4.71	4.54	4.53	4.66	4.65	4.78	4.77	4.67	4.49	4.10	4.13	4.22	4.47	4.38
DOH	days	18.13	18.64	19.02	31.21	74.50	76.02	77.54	80.34	80.55	78.38	78.50	76.33	76.46	78.09	81.28	89.12	88.32	86.47	81.71	83.25

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 20.13
= 18.13

The Days of Inventory on Hand (DOH) for HCA Holdings Inc has shown a decreasing trend from March 31, 2020, to December 31, 2024. The company managed its inventory efficiency effectively, with DOH decreasing from 83.25 days in March 2020 to 18.13 days in December 2024.

This improvement in DOH indicates that HCA Holdings Inc has been more efficient in managing its inventory levels over the years. Lower DOH values suggest that the company is able to turn over its inventory more quickly, which can lead to reduced carrying costs and better management of working capital.

It is important to note the significant decline in DOH from March 2024 to December 2024, dropping from 31.21 days to 18.13 days. This substantial decrease may indicate a more streamlined inventory management process or a change in inventory strategy by the company.

Overall, the decreasing trend in DOH for HCA Holdings Inc reflects positively on the company's efficiency in managing its inventory levels, which can contribute to improved financial performance and profitability in the long run.

Peer comparison

Dec 31, 2024

Company name

Symbol

DOH

HCA Holdings Inc

HCA

18.13

Tenet Healthcare Corporation

THC

11.57

Universal Health Services Inc

UHS

10.44

HCA Holdings Inc (HCA)

Days of inventory on hand (DOH)

Peer comparison

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