Meta Platforms Inc. (META)
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 ÷ —
= —
To analyze Meta Platforms Inc days of inventory on hand (DOH), we need the relevant data points for each year. Since the table provided does not contain the specific DOH values for Meta Platforms, a detailed analysis based on the historical trend over the years cannot be performed with the information available.
However, in general, Days of Inventory on Hand (DOH) is a financial ratio that indicates the average number of days a company holds its inventory before selling it. A decreasing trend in DOH over the years is usually considered favorable as it signifies that the company is managing its inventory more efficiently by swiftly converting it into sales.
On the other hand, an increasing trend in DOH could indicate potential issues such as overstocking, slow-moving inventory, or difficulties in selling products, which may lead to higher storage costs and reduced liquidity.
To draw meaningful insights and provide a comprehensive analysis of Meta Platforms Inc's DOH, we require the specific DOH values for the years in question. Additional data would enable a more thorough evaluation of the company's inventory management efficiency and its implications for its financial performance.
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Dec 31, 2023