Mednax Inc (MD)
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 | — | — | — | — | 116.31 | 148.86 | 124.45 | — | — | 151.86 | — | 87.51 | — | 106.47 | 70.06 | 69.59 | — | 2.14 | 166.35 | 136.65 | |
| DOH | days | — | — | — | — | 3.14 | 2.45 | 2.93 | — | — | 2.40 | — | 4.17 | — | 3.43 | 5.21 | 5.25 | — | 170.88 | 2.19 | 2.67 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Mednax Inc experienced fluctuations over the periods provided. The data shows that as of September 30, 2020, the DOH spiked dramatically to 170.88 days, indicating a significant increase in the number of days it took for the company to sell its inventory. This could signal potential issues with inventory management or demand forecasting during that period.
Subsequently, the DOH decreased to a range between 2.19 to 5.25 days in the following quarters, suggesting improvements in inventory turnover efficiency. However, there were periods where the data is not available (denoted as "— days"), which limits the ability to fully analyze the trend.
From September 30, 2021, to December 31, 2023, the DOH generally ranged from 2.40 to 3.14 days, indicating relatively stable inventory management practices during these periods.
As of June 30, 2023, and September 30, 2023, there were slight fluctuations in DOH, potentially influenced by changes in sales volume, production efficiency, or inventory levels.
Overall, the analysis of Mednax Inc's DOH highlights both improvements and potential challenges in inventory management efficiency over the periods provided, with a need for further data to assess a complete trend.
Peer comparison
Dec 31, 2024