Hertz Global Holdings Inc (HTZ)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | 17.28 | 15.70 | 13.74 | 13.74 | 12.01 | — | — | 12.40 | 4.18 | 3.86 | 2.31 | 1.61 | 7.51 | 6.15 | 16.81 | 13.41 | 28.80 | 27.71 | 15.98 | |
| DOH | days | — | 21.12 | 23.24 | 26.56 | 26.56 | 30.39 | — | — | 29.42 | 87.28 | 94.60 | 158.28 | 226.23 | 48.63 | 59.31 | 21.71 | 27.23 | 12.68 | 13.17 | 22.83 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Given that specific values for days of inventory on hand (DOH) for Hertz Global Holdings Inc. are not provided in the table, a detailed analysis of the trend or comparison over the specified quarters is not possible.
However, it is important to note that DOH is a metric used to assess how efficiently a company manages its inventory. A higher DOH value indicates that a company holds onto its inventory for a longer period, potentially tying up working capital and increasing the risk of obsolescence. Conversely, a lower DOH may suggest efficient inventory management or potential stockouts.
To accurately interpret the DOH trend for Hertz Global Holdings Inc., it would be necessary to have access to the actual numerical values of DOH for each quarter, to analyze if there have been any significant fluctuations or trends in their inventory management efficiency over the specified period.
Peer comparison
Dec 31, 2023