TKO Group Holdings, Inc. (TKO)
Days of inventory on hand (DOH)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | — | — | — | — | — | — | 928.25 | 997.57 | 1,261.96 | 171.88 | 97.81 | 61.59 | 80.80 | |
DOH | days | — | — | — | — | — | — | 0.39 | 0.37 | 0.29 | 2.12 | 3.73 | 5.93 | 4.52 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for TKO Group Holdings, Inc. can provide insights into how efficiently the company manages its inventory.
From December 31, 2021, to March 31, 2022, the DOH increased from 4.52 days to 5.93 days, indicating that the company may have experienced slower inventory turnover during that period.
However, from March 31, 2022, to June 30, 2022, the DOH decreased to 3.73 days, suggesting that inventory turnover improved, possibly due to better inventory management practices or increased sales.
The trend continued as the DOH further decreased to 2.12 days by September 30, 2022, and significantly dropped to 0.29 days by December 31, 2022. This sharp decline may suggest that the company implemented more effective inventory control measures or experienced a surge in sales, leading to faster inventory turnover.
Subsequently, the DOH remained low at 0.37 days on March 31, 2023, and slightly increased to 0.39 days by June 30, 2023. These low levels indicate that TKO Group Holdings, Inc. was able to efficiently manage its inventory during this period.
From September 30, 2023, the data for DOH is not available, indicating that information for that period may not be disclosed or obtainable. This lack of data makes it challenging to assess the company's inventory turnover efficiency during that time.
From the available data, it is evident that TKO Group Holdings, Inc. made improvements in its inventory turnover efficiency, achieving notably low DOH figures towards the end of the analyzed period. Monitoring the DOH metric can help stakeholders evaluate the company's inventory management effectiveness and operational performance.
Peer comparison
Dec 31, 2024