NV5 Global Inc (NVEE)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) is a key ratio that measures how many days, on average, a company holds its inventory before it is sold. In the case of NV5 Global Inc, the DOH data provided shows that specific figures for this ratio are not available for the periods from March 31, 2020, to December 31, 2024.
Without the actual values for the DOH ratio throughout the given periods, it is challenging to assess the efficiency of NV5 Global's inventory management. A low DOH generally indicates that the company is selling its inventory quickly, which can be favorable as it reduces holding costs and the risk of obsolescence. On the other hand, a high DOH may suggest potential issues such as overstocking, slow-moving inventory, or changing market demand.
To gain a better understanding of NV5 Global's inventory management efficiency and performance over time, it would be necessary to have the actual DOH values for the respective periods and compare them to industry benchmarks or historical trends within the company. Further analysis and comparison with other financial metrics would provide insights into the company's overall operational effectiveness and financial health.
Peer comparison
Dec 31, 2024