IQVIA Holdings Inc (IQV)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		—	82.46	79.06	66.00	73.79
DOH	days	—	4.43	4.62	5.53	4.95

December 31, 2023 calculation

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

Unfortunately, as there is no specific data provided for the Days of Inventory on Hand (DOH) for IQVIA Holdings Inc for the years 2019 to 2023, a detailed analysis of the trend and changes in this ratio over time cannot be conducted. DOH is a crucial ratio that indicates the average number of days it takes for a company to sell its entire inventory. A lower DOH value generally signifies efficient inventory management and quicker inventory turnover, while a higher DOH value may suggest that the company is holding excess inventory or facing challenges in selling its products.

To accurately analyze the efficiency of IQVIA Holdings Inc's inventory management and inventory turnover trends, it would be essential to have specific DOH values for each year in question. Without this data, it is not possible to assess the company's performance in managing its inventory levels and the potential impacts on its operations and cash flows.

If you are able to provide the DOH values for the respective years, I would be happy to assist you further in analyzing IQVIA Holdings Inc's inventory management performance in detail.