Pursuit Attractions and Hospitality, Inc. (PRSU)

The days of inventory on hand (DOH) for Pursuit Attractions and Hospitality, Inc. over the specified period demonstrate notable fluctuations. As of December 31, 2020, the DOH was 5.99 days, indicating a relatively efficient inventory turnover, with inventory being held for just under six days on average. This figure decreased slightly in 2021 to 5.65 days, suggesting a marginally improved efficiency or a reduction in inventory holdings during that year.

However, a significant change occurred by December 31, 2022, when the DOH increased to 14.30 days. This substantial rise indicates a notable slowdown in inventory turnover, implying that inventory was being held for approximately two weeks on average. The increase could be attributed to various factors, such as adjustments in inventory management strategies, seasonal fluctuations, product mix changes, or supply chain disruptions.

Subsequently, the DOH decreased to 11.65 days by December 31, 2023, reflecting an improvement in inventory management efficiency, though still higher than the levels observed in 2020 and 2021. This downward trend suggests efforts toward more effective inventory control or changes in operational practices.

In 2024, the DOH slightly declined further to 11.18 days, continuing the trend toward more rapid inventory turnover compared to the peak observed in 2022. This stabilization and slight decrease may indicate ongoing improvements in inventory management or adjustments aligned with operational efficiencies.

Overall, the pattern of the DOH over the observed years indicates periods of increased inventory holding duration, particularly in 2022, followed by a trend toward improved inventory turnover in subsequent years. These movements reflect dynamic operational adjustments, possibly in response to market conditions, strategic changes, or supply chain factors impacting inventory management practices.

Peer comparison

Dec 31, 2024