Shenandoah Telecommunications Co (SHEN)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 10.79 | 4.75 | — | 0.08 | |
| DOH | days | — | 33.84 | 76.78 | — | 4,398.47 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Shenandoah Telecommunications Co's days of inventory on hand (DOH) has shown significant fluctuations over the years. In 2020, the company reported an exceptionally high DOH of 4,398.47 days, indicating a prolonged holding period for inventory. However, the DOH for 2021 is not available, leading to uncertainty about inventory management strategies during that period.
In 2022, the DOH decreased significantly to 76.78 days, suggesting potential improvements in inventory turnover efficiency. Subsequently, in 2023, the DOH further decreased to 33.84 days, indicating a more streamlined inventory management process.
Unfortunately, the data for 2024 is unavailable, preventing a comprehensive analysis for that year. Overall, Shenandoah Telecommunications Co's performance in managing inventory has shown notable improvements over the years, with a notable reduction in the DOH from 2020 to 2023.
Peer comparison
Dec 31, 2024