Robert Half International Inc (RHI)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 8.98 | 11.07 | 9.39 | — | — | |
| DOH | days | 40.66 | 32.99 | 38.88 | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.98
= 40.66
As the given data lacks specific values for days of inventory on hand (DOH) for Robert Half Inc over the past five years, a detailed analysis based on these figures is not feasible. However, in general, days of inventory on hand is a crucial ratio that indicates how efficiently a company manages its inventory. A lower DOH typically suggests that the company is selling its products quickly and efficiently, minimizing the risk of obsolete inventory and associated carrying costs. On the other hand, a higher DOH may point to potential issues such as overstocking, slow-moving inventory, or challenges in sales and operations management. It is advisable to monitor DOH over time to assess trends and changes in the company's inventory management efficiency.
Peer comparison
Dec 31, 2023