RadNet Inc (RDNT)
Days of inventory on hand (DOH)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | — | — | — | 489.80 | |
DOH | days | — | — | — | — | 0.75 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Days of Inventory on Hand (DOH) is a key financial ratio used to assess how efficiently a company manages its inventory levels. Unfortunately, the provided data for Radnet Inc regarding DOH is not available for analysis. This limitation restricts our ability to evaluate the company's inventory management performance over the past five years and compare it with industry benchmarks or historical trends.
Without specific values for DOH, it is challenging to gauge the effectiveness of Radnet Inc in controlling its inventory levels, optimizing production efficiency, managing costs, and meeting customer demand. DOH serves as a critical indicator of operational efficiency and financial health, hence the unavailable data hinders a comprehensive assessment of Radnet Inc's inventory management practices.
In conclusion, while evaluating Radnet Inc's performance and financial health, it is important to consider additional financial metrics and qualitative factors in the absence of specific values for the Days of Inventory on Hand ratio.
Peer comparison
Dec 31, 2023