Hilton Grand Vacations Inc (HGV)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 0.46 | 0.38 | 0.36 | — | — | |
| DOH | days | 794.43 | 962.34 | 1,004.83 | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 0.46
= 794.43
The days of inventory on hand (DOH) for Hilton Grand Vacations Inc have exhibited fluctuations over the years. In 2020 and 2021, specific data for DOH was not available, indicating a lack of information during those periods. However, as of December 31, 2022, the company had around 1,004.83 days of inventory on hand, which decreased to 962.34 days by the end of December 31, 2023. Subsequently, by December 31, 2024, Hilton Grand Vacations Inc managed to reduce its DOH further to 794.43 days. This trend suggests that the company has been optimizing its inventory management practices and efficiency in recent years. It is essential for stakeholders to monitor these changes to assess the company's inventory management performance and potential implications on its overall operations and financial health.