Option Care Health Inc (OPCH)
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 | 14.46 | 15.44 | 14.57 | 15.08 | 16.39 | 15.18 | 14.93 | 15.43 | 17.57 | 16.39 | 17.37 | 16.83 | 18.19 | 18.21 | 18.18 | 15.30 | 13.51 | 9.05 | 17.43 | 17.24 | |
| DOH | days | 25.24 | 23.64 | 25.06 | 24.21 | 22.26 | 24.04 | 24.44 | 23.65 | 20.77 | 22.27 | 21.02 | 21.68 | 20.06 | 20.05 | 20.08 | 23.85 | 27.03 | 40.33 | 20.94 | 21.17 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 14.46
= 25.24
Option Care Health Inc.'s days of inventory on hand (DOH) has been relatively stable over the past eight quarters, ranging from a low of 26.60 days in Q4 2022 to a high of 30.11 days in Q4 2023. The average DOH over this period is approximately 28.72 days. This indicates that, on average, Option Care Health holds enough inventory to last for about 28.72 days. The consistent levels of DOH suggest that the company has been effective in managing its inventory levels to meet demand without overstocking, which could tie up capital. Overall, the trend in DOH is relatively stable, which may indicate efficient inventory management practices within the company.
Peer comparison
Dec 31, 2023