UnitedHealth Group Incorporated (UNH)
Days of inventory on hand (DOH)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Inventory turnover | 34.78 | 24.25 | 26.45 | — | — | |
DOH | days | 10.50 | 15.05 | 13.80 | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 34.78
= 10.50
The information provided lacks specific data on Unitedhealth Group Inc's days of inventory on hand (DOH) for the years 2019 to 2023. Therefore, without the DOH figures for these periods, a detailed analysis of the trend or comparison over these years cannot be conducted.
In order to analyze the performance and efficiency of Unitedhealth Group Inc's inventory management, it would be essential to have the DOH figures for the respective years. DOH is a crucial metric that indicates how effectively a company manages its inventory levels by showing the number of days it takes for the company to sell its entire inventory. Lower DOH values typically suggest efficient inventory management, while higher values may indicate excess inventory levels or slow turnover.
To provide a more in-depth analysis or comparison, precise DOH figures for the years in question would be required. As such, further evaluation of Unitedhealth Group Inc's inventory management efficiency based on historical trends is not feasible without this specific data.
Peer comparison
Dec 31, 2023
See also:
UnitedHealth Group Incorporated Average Inventory Processing Period