Union Pacific Corporation (UNP)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 13.72 | 14.11 | 13.45 | 11.92 | 11.98 | |
| DOH | days | 26.60 | 25.88 | 27.14 | 30.61 | 30.46 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 13.72
= 26.60
Unfortunately, without specific numerical values for the Days of Inventory on Hand (DOH) for Union Pacific Corp. for the years ending December 31, 2019 to 2023, a detailed analysis of the trend and performance of this ratio cannot be conducted.
Days of Inventory on Hand (DOH) is a critical metric that helps assess a company's efficiency in managing its inventory levels. A lower DOH typically indicates that a company is selling its inventory quickly, which can be a positive sign of efficiency. Conversely, a higher DOH may suggest excess inventory or slow-moving goods, potentially tying up capital and leading to higher carrying costs.
To perform a thorough analysis of Union Pacific Corp.'s DOH and its implications for the company's operations and financial health, it would be necessary to have the specific numerical values for the ratio for each year in question. This data is crucial for evaluating trends over time and making informed comparisons with industry benchmarks or the company's historical performance.
Therefore, without the DOH figures, a comprehensive analysis of Union Pacific Corp.'s inventory management efficiency and related implications cannot be provided at this time.
Peer comparison
Dec 31, 2023
See also:
Union Pacific Corporation Average Inventory Processing Period