Match Group Inc (MTCH)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 21.15 | — | — | 6.04 | |
| DOH | days | — | 17.26 | — | — | 60.47 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Match Group Inc's days of inventory on hand (DOH) has exhibited fluctuations over the years based on the available data. As of December 31, 2020, the company had an inventory turnover cycle of approximately 60.47 days, indicating that it takes around two months for the company to sell its inventory.
However, there is missing data for the DOH for December 31, 2021, December 31, 2022, and December 31, 2024, which hinders a complete trend analysis. On December 31, 2023, the DOH decreased significantly to 17.26 days, suggesting the company may have improved its inventory management efficiency leading to quicker turnover of inventory.
The variability in the DOH figures indicates potential changes in inventory management practices, sales trends, or production processes within Match Group Inc. Further analysis and comparison with industry benchmarks would provide a clearer understanding of the company's inventory management efficiency over the years.
Peer comparison
Dec 31, 2024