Uber Technologies Inc (UBER)

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	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Inventory turnover		—	—	—	—	—	26.06	23.38	23.29	28.91	29.44	10.58	7.71	14.82	18.57	21.19	24.36	7.94	30.18	55.49	37.89
DOH	days	—	—	—	—	—	14.01	15.61	15.67	12.63	12.40	34.49	47.33	24.63	19.66	17.23	14.98	45.95	12.09	6.58	9.63

December 31, 2024 calculation

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

Days of Inventory on Hand (DOH) is a financial ratio that measures how many days, on average, a company holds inventory before selling it. For Uber Technologies Inc, the trend in DOH over the reported periods indicates fluctuations in the management of inventory levels.

Based on the provided data:
- Uber's DOH decreased from 9.63 days as of March 31, 2020, to 6.58 days by June 30, 2020, indicating an improvement in inventory turnover efficiency.
- However, the DOH increased significantly to 45.95 days by December 31, 2020, suggesting a slowdown in inventory turnover, possibly due to challenges in demand forecasting or supply chain disruptions.
- The trend continued with fluctuations in subsequent periods, with DOH ranging between 12.09 days and 34.49 days up to June 30, 2022.
- Uber's DOH spiked to 47.33 days by March 31, 2022, before declining to 14.01 days by September 30, 2023, reflecting erratic inventory management practices.
- The data for the subsequent periods from December 31, 2023, to December 31, 2024, is unavailable, indicating a lack of information or potential data reporting issues.

Overall, Uber's DOH experienced irregular fluctuations, highlighting potential challenges in maintaining optimal inventory levels efficiently. Continuous monitoring and improvement of inventory management practices are essential to ensure operational efficiency and cost-effectiveness for the company.