Tenet Healthcare Corporation (THC)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 31.89 | 31.08 | 32.68 | 32.39 | 39.46 | |
| DOH | days | 11.45 | 11.75 | 11.17 | 11.27 | 9.25 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 31.89
= 11.45
Given that the days of inventory on hand (DOH) data is not provided, it is not possible to calculate or analyze this particular financial ratio for Tenet Healthcare Corp. Without the specific figures for each year from 2019 to 2023, it is challenging to assess the efficiency of the company in managing its inventory levels and determining how long inventory is held before being sold. To conduct a thorough analysis of the DOH trend and its implications for Tenet Healthcare Corp.'s operations and financial performance, accurate and consistent data for the years in question would be required.
Peer comparison
Dec 31, 2023
Company name
Symbol
DOH
Tenet Healthcare Corporation
THC
11.45
HCA Holdings Inc
HCA
24.60
Universal Health Services Inc
UHS
8.47