T-Mobile US Inc (TMUS)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 14.60 | 14.06 | 9.05 | 9.18 | 15.74 | |
| DOH | days | 24.99 | 25.96 | 40.35 | 39.74 | 23.19 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 14.60
= 24.99
T-Mobile US Inc's days of inventory on hand (DOH) measures the average number of days it takes for the company to sell its inventory. A lower DOH indicates that the company is more efficient in managing its inventory.
Analyzing the trend in T-Mobile's DOH over the past five years, we observe fluctuations. In 2023, the DOH increased to 20.29 days from 18.99 days in 2022, signaling a slight decrease in inventory turnover efficiency. Comparing these figures to previous years, in 2021 and 2020, the DOH was higher at 25.60 days and 32.63 days, respectively, indicating a slower inventory turnover rate during those periods. In 2019, the DOH was 19.00 days, similar to the 2023 figure.
Overall, T-Mobile's DOH has shown variability over the past five years, with fluctuations in inventory turnover efficiency. Further analysis would be necessary to understand the factors driving these changes and to assess the implications for the company's operational efficiency and financial performance.