Helix Energy Solutions Group Inc (HLX)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 328.07 | 8.96 | — | 11.34 | |
| DOH | days | — | 1.11 | 40.75 | — | 32.17 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the provided data, we can see that the days of inventory on hand (DOH) for Helix Energy Solutions Group Inc is not specified for the years 2019, 2020, 2021, 2022, and 2023. Without the specific DOH figures for these years, it is difficult to assess the efficiency of Helix Energy Solutions Group Inc in managing its inventory.
In order to conduct a more detailed analysis of the DOH for Helix Energy Solutions Group Inc, it would be necessary to have the actual numerical values for each year in question. DOH is a crucial metric that helps in evaluating how long, on average, inventory is held before being sold. A higher DOH may indicate slow-moving inventory or overstocking, while a lower DOH could suggest efficient inventory management practices.
Therefore, without the specific DOH figures for the years in question, it is challenging to provide a comprehensive analysis of Helix Energy Solutions Group Inc's inventory management efficiency. It would be beneficial to obtain the missing data to conduct a more insightful evaluation of the company's performance in this aspect.
Peer comparison
Dec 31, 2023