Hilton Worldwide Holdings Inc (HLT)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		2.88	2.99	3.41	8.18	3.55
DOH	days	126.80	122.11	107.10	44.61	102.96

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.88
= 126.80

Based on the provided data, it appears that the Days of Inventory on Hand (DOH) for Hilton Worldwide Holdings Inc is not available for the years 2019, 2020, 2021, 2022, and 2023. This absence of specific figures for the DOH may suggest that the company either does not extensively rely on inventory in its operations, or it does not disclose this particular metric in its financial reporting.

Without concrete values for the DOH, it becomes challenging to evaluate the efficiency of Hilton's inventory management practices, such as the rate at which the company is able to sell or use its inventory. Investors and stakeholders typically use the DOH ratio to assess how long a company holds its inventory before selling it, with lower values generally indicating more efficient inventory turnover.

Given the missing data, it may be beneficial for interested parties to seek further clarification from Hilton Worldwide Holdings Inc or examine additional financial reports or disclosures to gain a more comprehensive understanding of the company's inventory management efficiency.