Humana Inc (HUM)

Days of inventory on hand (DOH)

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Inventory turnover
DOH days

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

Days of inventory on hand (DOH) is a financial ratio used to evaluate how efficiently a company manages its inventory. Unfortunately, the lack of specific data in the table for Humana Inc. for the years between 2019 and 2023 hinders a direct calculation of this ratio. However, in general, a lower DOH is indicative of more efficient inventory management, as it suggests that inventory is being sold or used up quickly.

Without the specific DOH figures for Humana Inc., it is challenging to provide a detailed analysis of the trend over the years. However, investors and analysts typically look for consistency or improvement in DOH over time, as it can signify better control over inventory levels, reduced carrying costs, and potential increases in profitability.

In the absence of concrete data, it is recommended that further investigation into the company's inventory management practices and financial statements be conducted to assess the effectiveness of inventory control and its impact on the company's overall performance.


Peer comparison

Dec 31, 2023


See also:

Humana Inc Average Inventory Processing Period