Marriott International Inc (MAR)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		—	—	0.34	0.52	0.55
DOH	days	—	—	1,064.23	704.96	661.86

December 31, 2023 calculation

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

Days of Inventory on Hand (DOH) is a key financial indicator that measures the average number of days a company holds its inventory before selling it. Unfortunately, the specific data for Marriott International, Inc. DOH over the past five years is not available in the table provided. This ratio is crucial for evaluating the efficiency of Marriott's inventory management and assessing its ability to generate sales from its inventory.

A lower DOH value typically indicates that the company is efficiently managing its inventory levels by quickly converting inventory into sales, which can help reduce storage costs and minimize the risk of obsolete inventory. Conversely, a higher DOH value may suggest overstocking, slow-moving inventory, or potential difficulties in selling goods.

Analyzing Marriott International, Inc.'s DOH trend over the years could provide insights into the company's inventory management efficiency, operational performance, and potential financial risks or opportunities. However, without the specific DOH data for each year, we are unable to perform a detailed analysis or draw conclusions regarding Marriott's inventory management practices.