Uber Technologies Inc (UBER)
Days of inventory on hand (DOH)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | 41.87 | 10.49 | 16.33 | 154.54 | |
DOH | days | — | 8.72 | 34.81 | 22.36 | 2.36 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Unfortunately, without the specific numerical data for Uber Technologies Inc's days of inventory on hand (DOH) for the years listed, it is challenging to provide a detailed analysis. However, DOH is a crucial ratio that indicates the average number of days it takes for a company to sell its inventory. A lower DOH value compared to industry peers typically signifies efficient inventory management, while a higher value may indicate overstocking or slower sales. Analyzing trends in DOH over time can provide insights into the company's inventory management efficiency and operational effectiveness. To conduct a thorough analysis, please provide the actual numerical DOH values for each year.
Peer comparison
Dec 31, 2023