IAC Inc. (IAC)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | 42.56 | 2.93 | |
| DOH | days | — | — | — | 8.58 | 124.70 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for IAC Inc. have shown a significant reduction over the past few years. As of December 31, 2020, the company had 124.70 days of inventory on hand, indicating a relatively high level of inventory relative to its sales. This high DOH figure suggests potential inefficiencies in managing inventory levels.
However, by December 31, 2021, IAC Inc. managed to reduce its DOH drastically to 8.58 days. This sharp decline in DOH indicates a more efficient inventory management process, where the company is able to convert its inventory into sales at a much faster pace.
Looking forward, it is noteworthy that the data for December 31, 2022, December 31, 2023, and December 31, 2024, is not available (represented as "— days"). This lack of data makes it challenging to assess the trend in inventory management beyond 2021.
Overall, the sharp reduction in days of inventory on hand from 2020 to 2021 reflects an improvement in IAC Inc.'s inventory management efficiency. However, the absence of data for the subsequent years limits a deeper analysis of the company's inventory management performance in the future.
Peer comparison
Dec 31, 2024