TripAdvisor Inc (TRIP)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		—	—	—	—	—
DOH	days	—	—	—	—	—

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

Days of Inventory on Hand (DOH) is a financial ratio that measures the average number of days a company holds its inventory before selling it. A lower DOH indicates that a company is more efficient in managing its inventory turnover.

For the years 2019-2023, the specific data regarding TripAdvisor Inc.'s DOH is not provided in the table, making it challenging to conduct a detailed analysis. Without this information, it is not possible to assess how effectively TripAdvisor is managing its inventory levels over the years.

To provide a comprehensive analysis, it would be necessary to calculate the DOH for each year using the formula:

DOH = (Average Inventory / Cost of Goods Sold) * 365

By calculating the DOH for each year, we could infer trends in TripAdvisor's inventory management efficiency. A decreasing trend in DOH over the years would suggest improved inventory turnover and efficiency, while an increasing trend may indicate potential issues with inventory management.

Without the specific DOH data, it is not feasible to evaluate TripAdvisor Inc.'s inventory management performance accurately. For a more in-depth analysis, access to the company's financial statements or additional relevant data would be required.