Strategic Education Inc (STRA)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		—	—	—	—	—
DOH	days	—	—	—	—	—

December 31, 2023 calculation

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

Given that the days of inventory on hand (DOH) data for Strategic Education Inc is not provided in the table, it is difficult to conduct a specific analysis. However, DOH is a crucial metric that measures how many days a company takes to sell its inventory. A lower DOH indicates efficient inventory management, while a higher DOH suggests that the company may be holding excess or obsolete inventory.

In order to further assess Strategic Education Inc's DOH, it would be important to calculate this ratio using the formula: DOH = (Average Inventory / Cost of Goods Sold) x 365. By having the specific figures for average inventory and cost of goods sold over the years specified in the table, we could determine the trend in inventory turnover efficiency.

Analyzing changes in the DOH metric over multiple years can provide insights into the company's inventory management practices and efficiency in converting inventory into sales. A decreasing trend in DOH could indicate improved inventory turnover and efficient management, while an increasing trend may suggest potential issues with inventory control or sales trends that may require further investigation by stakeholders and management.