Tegna Inc (TGNA)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | 53.90 | 57.31 | 68.26 | 104.41 | 92.92 | 99.37 | 88.03 | 99.43 | 89.73 | 95.28 | 88.64 | 60.06 | 58.95 | 82.93 | 80.29 | |
| DOH | days | — | — | — | — | — | 6.77 | 6.37 | 5.35 | 3.50 | 3.93 | 3.67 | 4.15 | 3.67 | 4.07 | 3.83 | 4.12 | 6.08 | 6.19 | 4.40 | 4.55 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
As the information regarding TEGNA Inc's days of inventory on hand (DOH) for the given periods is missing, we are unable to provide a specific analysis of this metric. DOH is a measure of how many days it takes for a company to sell its entire inventory, and a lower number generally indicates better inventory management efficiency. It is important for companies to have an optimal level of inventory to balance between meeting customer demand and minimizing carrying costs.
To conduct a comprehensive analysis of TEGNA Inc's DOH, we would need the specific data for each quarter listed in the table. With this data, we could calculate and compare the average DOH over the different quarters to assess trends in inventory management efficiency and potential changes in sales patterns. Further analysis could involve benchmarking TEGNA Inc's DOH against industry peers to evaluate its performance relative to competitors.
Peer comparison
Dec 31, 2023