Wynn Resorts Limited (WYNN)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		23.08	24.57	22.56	21.86	21.92
DOH	days	15.82	14.86	16.18	16.69	16.65

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 23.08
= 15.82

The days of inventory on hand (DOH) for Wynn Resorts Limited has shown a relatively stable trend over the past five years. In December 2020, the DOH stood at 16.65 days, which slightly increased to 16.69 days by December 2021. However, there was a decrease in DOH to 16.18 days by December 2022, indicating potentially more efficient management of inventory levels.

Further improvement was observed as DOH decreased to 14.86 days by December 2023, suggesting better inventory turnover. However, by December 2024, the DOH slightly increased to 15.82 days, but still remained lower compared to the prior years.

Overall, the trend in DOH for Wynn Resorts Limited indicates a focus on optimizing inventory management, with a slight fluctuation in recent years but maintaining a relatively efficient level of inventory on hand.