Medpace Holdings Inc (MEDP)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | |
| DOH | days | — | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the data provided, Medpace Holdings Inc did not disclose its days of inventory on hand (DOH) for the years 2019 to 2023. This metric is crucial as it indicates the average number of days a company holds its inventory before it is sold. The absence of this information makes it challenging to assess Medpace's management of its inventory levels and efficiency in inventory turnover over the specified years. As a key indicator of operational efficiency and inventory management, the DOH ratio's omission hinders a comprehensive analysis of Medpace's performance in this regard.
It is recommended that Medpace provides this essential information in its future financial disclosures to enable stakeholders, including investors and analysts, to better evaluate the company's inventory management practices and their impact on its overall financial performance.
Peer comparison
Dec 31, 2023