RXO Inc. (RXO)
Days of inventory on hand (DOH)
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | ||
---|---|---|---|---|---|---|---|
Inventory turnover | — | — | — | ||||
DOH | days | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
To analyze RXO Inc.'s days of inventory on hand (DOH) based on the provided data, we need the inventory levels for each period, which are missing from the table. Days of inventory on hand is a financial ratio that indicates the average number of days a company holds its inventory before selling it. A lower DOH value implies more efficient inventory management, while a higher value may suggest slow-moving inventory or potential obsolescence.
Without the inventory data, it is not possible to calculate or analyze the trend of RXO Inc.'s DOH over the stated periods. To provide a comprehensive assessment of the company's inventory management efficiency, it is essential to have the necessary information such as beginning and ending inventory figures for each period under consideration.
In a more detailed and comprehensive analysis, it would be advisable to obtain the missing inventory data and calculate the DOH for each period to evaluate the company's inventory turnover and efficiency. This analysis would help identify potential areas for improvement in inventory management practices and assess the impact on the company's overall financial health and operational performance.
Peer comparison
Dec 31, 2023