Southwest Gas Holdings Inc (SWX)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 37.73 | 1.41 | 8.27 | 1,035.03 | 43.65 | |
| DOH | days | 9.67 | 258.15 | 44.15 | 0.35 | 8.36 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 37.73
= 9.67
To conduct a thorough analysis of Southwest Gas Holdings Inc's days of inventory on hand (DOH), we need historical data for comparison. However, the provided table lacks specific numbers for DOH for the years 2019 to 2023. Without this data, we cannot calculate or interpret the trend in the DOH metric for Southwest Gas Holdings Inc.
To provide a meaningful analysis and insights into Southwest Gas Holdings Inc's inventory management efficiency, it is crucial to have access to the actual numerical values for the days of inventory on hand for each year from 2019 to 2023. This data is essential for assessing how quickly the company is able to turn its inventory into sales and generate revenue.
Therefore, without the specific numerical values for the DOH metric in the given years, we are unable to offer an in-depth analysis or interpretation of Southwest Gas Holdings Inc's inventory management performance over the past five years.
Peer comparison
Dec 31, 2023