Tegna Inc (TGNA)

Days of inventory on hand (DOH)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Inventory turnover — — — 81.06 77.06
DOH days — — — 4.50 4.74

December 31, 2024 calculation

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

The Days of Inventory on Hand (DOH) is a measure that indicates the average number of days it takes for a company to sell its inventory. Lower values of DOH are generally favorable as they suggest efficient management of inventory levels.

For Tegna Inc, the DOH decreased from 4.74 days as of December 31, 2020, to 4.50 days as of December 31, 2021. This decline indicates that Tegna Inc has been able to sell its inventory at a slightly faster pace in the most recent period, which could be a sign of effective inventory management.

However, the data for December 31, 2022, December 31, 2023, and December 31, 2024 is missing (denoted by "— days"), which limits the ability to assess any trends or developments in inventory management for those years based on the DOH metric alone. It would be useful for stakeholders to have complete data for a more comprehensive analysis of Tegna Inc's inventory management efficiency over time.