Mednax Inc (MD)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 18.88 | — | — | — | — | |
| DOH | days | 19.33 | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 18.88
= 19.33
The Days of Inventory on Hand (DOH) ratio for Pediatrix Medical Group Inc cannot be calculated from the provided data as the inventory turnover and average inventory values are needed to compute this ratio. DOH is a measure of how many days on average it takes for a company to sell its inventory. A lower DOH typically indicates better inventory management efficiency, as it suggests that the company is selling inventory quickly. In contrast, a high DOH may imply slower inventory turnover and potentially excess or obsolete inventory. It is recommended to gather additional information on inventory turnover and average inventory levels to perform a thorough analysis of Pediatrix Medical Group Inc's inventory management effectiveness.
Peer comparison
Dec 31, 2023