Insperity Inc (NSP)

Days of inventory on hand (DOH)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Inventory turnover 4.55 3.90 3.57
DOH days 80.16 93.61 102.27

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

Insperity Inc's days of inventory on hand (DOH) have shown a declining trend from 102.27 days as of December 31, 2020, to 93.61 days as of December 31, 2021, and further decreased to 80.16 days as of December 31, 2022. This downward trajectory indicates that the company has been more efficient in managing its inventory levels, reducing the time it takes to sell its inventory or raw materials.

However, it is noteworthy that the data is missing for December 31, 2023, and December 31, 2024, which could imply a lack of visibility into the company's inventory management performance for these periods. It is important for stakeholders to monitor future disclosures to assess whether the decreasing trend in DOH continues or if there are any fluctuations that may require further investigation or adjustments in inventory management strategies.