Match Group Inc (MTCH)
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 | ||
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Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | 6.95 | — | — | — | 7.74 | — | — | — | |
DOH | days | — | — | — | — | — | — | — | — | — | — | — | — | 52.49 | — | — | — | 47.16 | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Match Group Inc's days of inventory on hand (DOH) is a metric used to evaluate the efficiency of inventory management by measuring the number of days it takes for the company to sell its entire inventory.
Based on the data provided:
- During the period ending December 31, 2020, Match Group Inc had an average of 47.16 days worth of inventory on hand.
- By December 31, 2021, this figure had increased to 52.49 days, indicating a potential increase in the time it takes for Match Group Inc to sell its inventory.
- For the subsequent periods through December 31, 2024, the specific days of inventory on hand data is not available.
The increase in days of inventory on hand from 2020 to 2021 suggests that Match Group Inc may be experiencing challenges in efficiently managing its inventory levels. An increase in DOH can tie up working capital in inventory and may indicate potential inefficiencies in production planning, demand forecasting, or sales performance.
It would be advisable for Match Group Inc to closely monitor its inventory levels and implement strategies to optimize inventory turnover to maintain a balance between stocking enough inventory to meet demand and not holding excess inventory that could tie up resources.
Peer comparison
Dec 31, 2024