Match Group Inc (MTCH)
Days of inventory on hand (DOH)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | — | — | 13.62 | — | |
DOH | days | — | — | — | 26.80 | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Days of Inventory on Hand (DOH) is a key financial ratio that measures the average number of days a company holds its inventory before selling it. Unfortunately, specific data for Match Group Inc.'s DOH for the years listed is not available in the table provided.
Typically, a lower DOH is preferable as it indicates that the company is efficiently managing its inventory levels and selling products quickly. A higher DOH could indicate slow-moving inventory, potential stock obsolescence, or inefficient inventory management practices.
Without the specific DOH figures for Match Group Inc., it is challenging to assess the trend and efficiency of their inventory management over the years. However, investors and analysts should monitor this ratio to ensure that the company is effectively controlling its inventory levels to optimize profitability and maintain a competitive position in the industry.
Peer comparison
Dec 31, 2023