IAC Inc. (IAC)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|
| Inventory turnover | — | — | 118.69 | 2,570.13 | |
| DOH | days | — | — | 3.08 | 0.14 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the data provided for IAC Inc., the days of inventory on hand (DOH) has shown fluctuations over the past four years. In 2023, there is no specific data available for the DOH, indicating a missing value. In 2022, the DOH was also missing. However, in 2021, the company had an inventory turnover rate that allowed it to hold inventory for approximately 3.08 days before selling it, which was higher than the 0.14 days recorded in 2020.
Overall, the trend suggests that in 2021, IAC Inc. held inventory for a longer period compared to the previous year, possibly indicating challenges in managing inventory turnover efficiently. However, without the data for 2022 and 2023, it is challenging to assess the current inventory management performance of the company accurately. Monitoring DOH over time can provide insights into inventory management effectiveness and operational efficiency.
Peer comparison
Dec 31, 2023