IAC Inc. (IAC)
Days of inventory on hand (DOH)
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 | — | — | — | — | — | — | — | — | — | 120.26 | — | — | — | 2,570.13 | ||||
DOH | days | — | — | — | — | — | — | — | — | — | 3.03 | — | — | — | 0.14 |
March 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the available data provided, the days of inventory on hand (DOH) for IAC Inc. has fluctuated over the past few quarters. The DOH figure was not available for several quarters, indicating potential data gaps or changes in reporting practices.
Specifically, the DOH was 3.03 days as of March 31, 2022, suggesting that IAC Inc. held approximately 3 days' worth of inventory on hand at that time. This indicates that the company had relatively low levels of inventory compared to its sales activity.
Additionally, for the quarter ending December 31, 2020, the DOH was 0.14 days, which implies that IAC Inc. held minimal inventory relative to its sales during that period.
Overall, the trend in DOH for IAC Inc. shows variability, with fluctuations in inventory levels over the quarters for which data is available. Further analysis and comparison with industry benchmarks would be beneficial to gain a deeper understanding of IAC Inc.'s inventory management efficiency and effectiveness.
Peer comparison
Mar 31, 2024