Robert Half International Inc (RHI)

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		8.98	9.81	—	9.41	11.07	—	8.45	7.41	6.97	7.77	7.10	6.74	7.23	9.35	10.28	12.08	11.30	14.56	14.75	15.25
DOH	days	40.66	37.20	—	38.79	32.99	—	43.21	49.27	52.35	46.96	51.42	54.16	50.46	39.04	35.49	30.22	32.31	25.06	24.75	23.93

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.98
= 40.66

Unfortunately, without specific data points for inventory levels or cost of goods sold, a calculation of the days of inventory on hand (DOH) for Robert Half Inc cannot be performed. As DOH is typically calculated using formula:

\( \text{DOH} = \frac{\text{Average Inventory}}{\text{Cost of Goods Sold} / 365} \)

We require actual figures for average inventory and cost of goods sold in order to determine the efficiency of Robert Half's inventory management in terms of how many days it takes to sell its inventory. Without this information, we are unable to provide an analysis of the company's DOH trend over the specified quarters.