XPO Logistics Inc (XPO)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 361.47 | 414.62 | — | — | |
| DOH | days | — | 1.01 | 0.88 | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The information provided does not include specific values for XPO Inc's days of inventory on hand (DOH) for the years 2019 to 2023. Therefore, a detailed analysis of the trend in DOH over the past five years cannot be conducted. In order to assess the efficiency of XPO Inc's inventory management, it would be necessary to have the actual numerical values for DOH for each year. High DOH values may indicate excess inventory levels or slow-moving inventory, potentially tying up financial resources. On the other hand, low DOH values could suggest efficient inventory turnover, reducing carrying costs and the risk of obsolete inventory. Without the specific DOH figures, a comprehensive analysis of XPO Inc's inventory management performance over the years is not feasible.
Peer comparison
Dec 31, 2023