Tenet Healthcare Corporation (THC)
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 | 31.54 | 31.36 | 31.77 | 30.95 | 30.60 | 30.83 | 31.36 | 31.56 | 32.30 | 33.39 | 34.19 | 32.01 | 31.85 | 33.21 | 34.48 | 37.25 | 38.76 | 39.35 | 39.24 | 39.23 | |
| DOH | days | 11.57 | 11.64 | 11.49 | 11.79 | 11.93 | 11.84 | 11.64 | 11.57 | 11.30 | 10.93 | 10.68 | 11.40 | 11.46 | 10.99 | 10.59 | 9.80 | 9.42 | 9.27 | 9.30 | 9.30 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 31.54
= 11.57
The days of inventory on hand (DOH) for Tenet Healthcare Corp. is not provided in the table for any of the mentioned quarters. As DOH is a key financial ratio that measures the number of days a company holds its inventory before selling it, the absence of this data limits our ability to assess Tenet Healthcare's efficiency in managing its inventory levels. To conduct a comprehensive analysis of Tenet Healthcare Corp.'s inventory management performance, it is essential to have the DOH figures to understand how quickly the company is converting its inventory into sales. Without this specific data, we are unable to evaluate the effectiveness of Tenet Healthcare's inventory control and its potential impact on the company's profitability and financial health.
Peer comparison
Dec 31, 2023