Verisk Analytics Inc (VRSK)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | 171.86 | 1.85 | 10.31 | 12.24 | |
DOH | days | — | 2.12 | 197.55 | 35.40 | 29.82 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) ratio for Verisk Analytics Inc experienced significant fluctuations over the years. In 2020, the company held inventory for an average of 29.82 days, which increased to 35.40 days in 2021. However, in 2022, there was a dramatic spike in DOH to 197.55 days, indicating a potential issue with inventory management.
The following year, in 2023, the company managed to significantly reduce its DOH to 2.12 days, which suggests a more efficient inventory turnover. It is worth noting that there is no data available for the year 2024.
The fluctuations in the DOH ratio for Verisk Analytics Inc may indicate changes in the company's inventory management practices, supply chain efficiency, or demand patterns. Further analysis would be needed to understand the reasons behind these variations and their impact on the company's operations and financial performance.
Peer comparison
Dec 31, 2024