Heritage Financial Corporation (HFWA)
Days of inventory on hand (DOH)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | — | — | — | — | |
DOH | days | — | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Unfortunately, without actual numerical values for the days of inventory on hand (DOH) for Heritage Financial Corp. for the years provided, a detailed analysis cannot be conducted. DOH is a crucial ratio that measures the average number of days a company holds inventory before selling it. A lower DOH typically indicates more efficient inventory management, while a higher DOH may suggest potential issues such as obsolete inventory or weak sales.
To provide a meaningful analysis, actual DOH values for the relevant years are needed to assess trends, compare against industry standards, and evaluate the company's effectiveness in managing its inventory. It is recommended to consult the company's financial statements or other reliable sources to obtain the necessary data for a thorough analysis of Heritage Financial Corp.'s DOH over time.