IQVIA Holdings Inc (IQV)

Days of inventory on hand (DOH)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Inventory turnover		—	72.34	70.88	76.13	82.46	71.06	66.05	76.59	79.06	73.93	65.46	69.14	66.00	61.61	69.53	48.84	48.09	30.72	15.52	18.20
DOH	days	—	5.05	5.15	4.79	4.43	5.14	5.53	4.77	4.62	4.94	5.58	5.28	5.53	5.92	5.25	7.47	7.59	11.88	23.51	20.05

December 31, 2023 calculation

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

The table does not provide specific data on IQVIA Holdings Inc's days of inventory on hand (DOH) for the indicated quarters throughout 2022 and 2023. Without this detailed information, it is challenging to make a definitive analysis of the DOH trend for IQVIA Holdings Inc over the given period. In order to conduct a comprehensive analysis of the company's inventory management efficiency and the effectiveness of its inventory turnover, specific DOH figures would be necessary.

In a typical analysis, a decreasing trend in DOH over time could indicate that the company is managing its inventory more effectively, turning over its inventory more quickly, and reducing the risk of obsolete inventory or carrying costs. Conversely, an increasing trend in DOH could suggest potential inefficiencies in the company's inventory management practices, leading to higher costs and lower liquidity.

Therefore, without the specific DOH values, it is not feasible to fully assess the inventory management performance of IQVIA Holdings Inc over the specified period outlined in the provided table.