United Parcel Service Inc (UPS)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 61.95 | 66.93 | 77.65 | 84.23 | 90.42 | |
| DOH | days | 5.89 | 5.45 | 4.70 | 4.33 | 4.04 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 61.95
= 5.89
To analyze United Parcel Service, Inc.'s days of inventory on hand (DOH) over the past five years, we first note that the data provided is missing for all the years. However, we can still provide some insights based on the concept of DOH.
Days of inventory on hand (DOH) is a measure of how many days, on average, a company holds its inventory before selling it. A lower DOH indicates that the company is efficient in managing its inventory levels, while a higher DOH may suggest inefficiencies in inventory management or slow sales turnover.
Without specific data points, we are unable to calculate the actual DOH for United Parcel Service, Inc. However, based on general trends in the industry and factors that may impact inventory management, we can make some general observations:
1. Industry Comparison: Comparing the company's DOH with industry peers could provide insights into its relative efficiency in managing inventory.
2. Trend Analysis: If historical data were available, we could analyze the trend in DOH over the past years to see if it has been consistently improving or deteriorating.
3. Seasonality: UPS, being a logistics company, may experience fluctuations in inventory levels due to seasonal variations in demand, which could impact its DOH.
4. Operational Efficiency: Changes in DOH could indicate improvements or challenges in the company's supply chain management and forecasting accuracy.
In conclusion, while the specific DOH figures for United Parcel Service, Inc. are not available in the provided data, a deeper analysis incorporating additional information would be necessary to assess the company's inventory management performance accurately.
See also:
United Parcel Service Inc Average Inventory Processing Period