National HealthCare Corporation (NHC)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 105.04 | 101.79 | 106.00 | 106.66 | 104.91 | 103.70 | 100.80 | 84.36 | 81.42 | 78.04 | 85.25 | 84.14 | 77.82 | 94.62 | 94.04 | 84.00 | 88.07 | 84.43 | 89.73 | 94.71 | |
| DOH | days | 3.48 | 3.59 | 3.44 | 3.42 | 3.48 | 3.52 | 3.62 | 4.33 | 4.48 | 4.68 | 4.28 | 4.34 | 4.69 | 3.86 | 3.88 | 4.35 | 4.14 | 4.32 | 4.07 | 3.85 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 105.04
= 3.48
Based on the provided data, the days of inventory on hand (DOH) for National Healthcare Corp. in each of the quarters is not available. It appears that the specific information regarding the number of days it takes for the company to sell its inventory is not disclosed in the financial statements for the periods listed. Therefore, a detailed and comprehensive analysis of National Healthcare Corp.'s DOH cannot be provided based on the data available. It is recommended to refer to additional financial statements or reports that may contain the necessary information to calculate and interpret the DOH ratio for a more thorough analysis of the company's inventory management efficiency.
Peer comparison
Dec 31, 2023