Insperity Inc (NSP)

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 — — — 3.23 4.73 4.13 4.22 2.89 4.55 3.25 2.42 3.39 3.90 3.25 3.26 1.88 3.57 2.48 2.95 2.23
DOH days — — — 113.18 77.20 88.34 86.50 126.34 80.16 112.24 150.62 107.77 93.61 112.26 112.08 193.99 102.27 146.91 123.61 163.87

December 31, 2024 calculation

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

The days of inventory on hand (DOH) is a measure that indicates how many days, on average, a company holds its inventory before selling it. Analyzing Insperity Inc's DOH data from March 31, 2020, to December 31, 2024, reveals fluctuations in the efficiency of managing inventory levels.

The trend in Insperity Inc's DOH over the period shows variability, indicating potential shifts in inventory management practices. The company experienced significant changes in DOH, ranging from a high of 193.99 days on March 31, 2021, to a low of 77.20 days on December 31, 2023.

A high DOH can imply overstocking or slow inventory turnover, which may tie up capital and increase holding costs. Conversely, a low DOH suggests fast-moving inventory or possibly stockouts, which could lead to missed sales opportunities.

Insperity Inc's DOH improved notably from March 31, 2021, to December 31, 2023, showing a more efficient management of inventory levels. However, the DOH increased again on March 31, 2024, possibly indicating a change in inventory management strategies.

The absence of DOH data for the second half of 2024 hinders a comprehensive assessment of recent trends. It would be beneficial to monitor Insperity Inc's DOH closely in the future to assess the impact on working capital, operational efficiency, and overall financial performance.