Kelly Services A Inc (KELYA)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 16.66 | — | — | — | 206.94 | |
| DOH | days | 21.91 | — | — | — | 1.76 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 16.66
= 21.91
The days of inventory on hand (DOH) for Kelly Services, Inc. are not provided in the table for the years ending on December 31, 2023; January 1, 2023; January 2, 2022; January 3, 2021; and December 29, 2019. Without this specific data, it is not possible to analyze the efficiency of Kelly Services in managing its inventory turnover and the liquidity of its inventory over time. The DOH metric is crucial for evaluating how quickly a company is able to sell its inventory and convert it into sales.
To perform a thorough analysis of Kelly Services' DOH, it would be necessary to obtain the relevant data for the years in question to calculate the average DOH over the period and compare it to industry benchmarks or historical averages. This comparison would provide insights into any improvements or deteriorations in the company's inventory management practices and efficiency.
Peer comparison
Dec 31, 2023