Uber Technologies Inc (UBER)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		—	—	28.91	5.69	6.72
DOH	days	—	—	12.63	64.13	54.32

December 31, 2024 calculation

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

The Days of Inventory on Hand (DOH) for Uber Technologies Inc has shown varying trends over the years. As of December 31, 2020, the company had 54.32 days of inventory on hand, indicating that it took approximately 54 days to sell its inventory.

By December 31, 2021, the DOH had increased to 64.13 days, suggesting that Uber had slightly slower inventory turnover compared to the previous year. However, by December 31, 2022, the DOH significantly decreased to 12.63 days, which implies a more efficient management of inventory where Uber was able to sell its inventory quicker.

The data for December 31, 2023 and December 31, 2024 shows "— days," which could indicate missing or unavailable data for those periods. It is important for the company to ensure proper data reporting and transparency to provide a complete picture of its financial performance.

Overall, the trend in Uber's DOH indicates fluctuations in inventory management efficiency over the years. A lower DOH is generally preferred as it suggests faster inventory turnover and potentially lower carrying costs. Continued monitoring and optimization of inventory levels can help Uber enhance its operational efficiency and financial performance.