Robert Half International Inc (RHI)

Days of inventory on hand (DOH)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Inventory turnover — 103.28 — — 8.98 9.81 — 9.41 11.07 — 8.45 7.41 6.97 7.77 — 6.74 — 9.35 10.28 12.08
DOH days — 3.53 — — 40.66 37.20 — 38.79 32.99 — 43.21 49.27 52.35 46.96 — 54.16 — 39.04 35.49 30.22

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

Based on the data provided for Robert Half International Inc's days of inventory on hand (DOH), we observe fluctuations in the efficiency of managing inventory over the periods indicated.

- From March 31, 2020, to September 30, 2021, the DOH increased steadily from 30.22 days to 46.96 days, indicating a trend of holding inventory for a longer period.

- Notably, there are missing data points for December 31, 2020, June 30, 2021, September 30, 2022, March 31, 2024, June 30, 2024, and December 31, 2024, which may suggest irregularities or data collection issues.

- A significant spike in DOH is observed on March 31, 2021, where it rose to 54.16 days before decreasing to 49.27 days on March 31, 2022.

- The DOH showed a notable improvement on December 31, 2022, declining to 32.99 days, indicating a more efficient management of inventory levels.

- However, the DOH increased slightly to 40.66 days on December 31, 2023, which may indicate a slowdown in inventory turnover during that period.

- A drastic drop is observed on September 30, 2024, where the DOH decreased significantly to 3.53 days. Such a low level may suggest inventory management enhancements or potential inventory liquidation strategies in play during that quarter.

Overall, it is essential for stakeholders to closely monitor trends in the DOH metric to assess the company's inventory management efficiency and its impact on cash flow and profitability.