MYR Group Inc (MYRG)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | 48.64 | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | — | — | — | — | — | — | — | — | — | 7.50 | — | — | — | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for MYR Group Inc have been relatively stable, hovering around zero or being unreported from March 2020 to June 2022. However, as of December 31, 2021, there has been a noticeable increase to 7.50 days. This suggests that MYR Group Inc may have increased its inventory levels or experienced a slowdown in sales turnover during that period. Further monitoring of the DOH in the upcoming periods will be important to assess if this increase is a one-time occurrence or part of a trend.
Peer comparison
Dec 31, 2024