IQVIA Holdings Inc (IQV)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		—	—	82.46	79.06	66.00
DOH	days	—	—	4.43	4.62	5.53

December 31, 2024 calculation

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

Looking at the days of inventory on hand (DOH) for IQVIA Holdings Inc over the years, we observe a decreasing trend from 5.53 days as of December 31, 2020, to 4.62 days as of December 31, 2021, and further down to 4.43 days as of December 31, 2022. A lower DOH indicates that the company is selling its inventory faster, which can be a positive sign of efficient inventory management.

However, it is worth noting that the data for December 31, 2023, and December 31, 2024, is not available ("— days"). This lack of data for those years makes it challenging to assess the company's inventory turnover efficiency for those periods.

In general, a decreasing trend in DOH is favorable as it implies that the company is managing its inventory effectively, minimizing carrying costs, and potentially improving cash flow. Further analysis and comparison with industry benchmarks could provide more insights into IQVIA Holdings Inc's inventory management performance.