Marriott International Inc (MAR)

Days of inventory on hand (DOH)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Inventory turnover		—	0.55	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
DOH	days	—	662.32	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

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

The days of inventory on hand (DOH) for Marriott International Inc has shown a significant increase in the most recent period reported, reaching 662.32 days as of September 30, 2024. This indicates that Marriott is holding inventory for a longer period before it is sold or used. A high DOH may suggest inefficiencies in managing inventory levels, potentially leading to higher storage costs, risk of inventory obsolescence, and tying up capital in excess inventory. It is important for Marriott to closely monitor and optimize its inventory management practices to improve efficiency and maintain healthy working capital levels. Further analysis and comparison with industry benchmarks would provide more insights into the effectiveness of Marriott's inventory management strategy.