HealthEquity Inc (HQY)
Days of inventory on hand (DOH)
| Jan 31, 2024 | Jan 31, 2023 | Jan 31, 2022 | Jan 31, 2021 | Jan 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | |
| DOH | days | — | — | — | — | — |
January 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
To analyze HealthEquity Inc's days of inventory on hand (DOH), we need specific inventory levels for each year to calculate the ratio. Without this data, we are unable to determine the efficiency of the company's inventory management over the past five years. The DOH ratio measures how long, on average, a company holds inventory before it is sold. A decreasing trend in DOH implies more efficient inventory turnover, while an increasing trend may indicate potential issues with inventory management and liquidity. Further data or context would be required to provide a more insightful analysis of HealthEquity Inc's inventory management efficiency.
Peer comparison
Jan 31, 2024