Mednax Inc (MD)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 116.31 | — | — | — | |
| DOH | days | — | 3.14 | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) is a crucial efficiency ratio that measures how many days, on average, a company holds its inventory before it is sold. In the case of Mednax Inc, as per the provided data:
- As of December 31, 2020, no specific value for DOH is given, suggesting the metric was not available or relevant at that time.
- As of December 31, 2021, no specific value for DOH is provided, indicating a lack of clarity on inventory holding period for that year.
- As of December 31, 2022, no specific value for DOH is given, implying a missing data point regarding inventory management.
- As of December 31, 2023, the DOH stands at 3.14 days, suggesting an improvement in inventory turnover efficiency compared to previous years.
- As of December 31, 2024, no specific value for DOH is mentioned, leaving uncertainty regarding the most recent inventory holding period.
Based on the available information, it appears that Mednax Inc has shown some improvement in its inventory management efficiency by significantly reducing its days of inventory on hand from an unidentified level to 3.14 days by December 31, 2023. However, due to missing data points for other years, a comprehensive trend analysis over time is limited. Further disclosure or data on inventory management practices would be necessary to provide a more in-depth assessment of the company's inventory efficiency.
Peer comparison
Dec 31, 2024