XPO Logistics Inc (XPO)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | 377.75 | 471.94 | 635.59 | 584.63 | 492.88 | 463.04 | 367.84 | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | — | 0.97 | 0.77 | 0.57 | 0.62 | 0.74 | 0.79 | 0.99 | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the provided data, the days of inventory on hand (DOH) for XPO Inc in each quarter of 2022 and 2023 are not available. Without specific values for the DOH ratio, it is challenging to provide a detailed analysis of XPO Inc's inventory management efficiency. This ratio typically indicates the number of days a company holds inventory before selling it, providing insight into inventory turnover and potential obsolescence risks.
For a more comprehensive analysis of XPO Inc's inventory management, it would be beneficial to obtain actual DOH figures for the quarters in question. Analyzing trends over time and comparing the DOH ratio to industry benchmarks could reveal the company's inventory optimization strategies and potential areas for improvement. Further data would be necessary to draw insightful conclusions regarding XPO Inc's inventory performance.
Peer comparison
Dec 31, 2023