Marriott International Inc (MAR)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		—	—	—	0.34	0.52
DOH	days	—	—	—	1,064.23	704.96

December 31, 2024 calculation

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

Based on the data provided for Marriott International Inc's days of inventory on hand (DOH), we observe the following trend:

- As of December 31, 2020, Marriott had a DOH of 704.96 days, indicating that, on average, the company held inventory for approximately 705 days before selling it.
- By December 31, 2021, the DOH figure increased to 1,064.23 days, suggesting a significant extension in the time it takes for Marriott to sell its inventory.
- Unfortunately, data for the years 2022, 2023, and 2024 are not available, as denoted by the "— days" entries. This lack of data prevents us from assessing the company's inventory management performance beyond 2021.

Overall, an increase in the days of inventory on hand can often signify potential issues such as slow-moving inventory, inefficiencies in inventory turnover, or challenges in forecasting demand and managing supply chains. It may be beneficial for Marriott to closely monitor and potentially improve its inventory management practices to optimize working capital and operational efficiency in the future.