HealthStream Inc (HSTM)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | 8.05 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | 45.36 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for HealthStream Inc have been relatively stable over the past few years according to the available data. As of September 30, 2024, the company had 45.36 days of inventory on hand, which indicates that it takes approximately 45 days for the company to sell its inventory. This metric is crucial for assessing how efficiently the company manages its inventory levels and turnover.
While there is limited data provided for previous periods, the trend of having a consistent DOH can suggest that HealthStream Inc has maintained a steady approach to managing its inventory levels. A lower DOH value is generally preferred as it signifies a faster inventory turnover, implying better liquidity and potentially lower carrying costs.
It would be helpful to analyze trends over a longer period and compare HealthStream Inc’s DOH with industry peers to gain a more comprehensive understanding of its inventory management efficiency. Additionally, further insights could be derived by examining the company's inventory turnover ratio and comparing it with the DOH to assess the effectiveness of the inventory management practices.
Peer comparison
Dec 31, 2024