Yelp Inc (YELP)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | 3.33 | — | — | |
| DOH | days | — | — | 109.74 | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The Days of Inventory on Hand (DOH) for Yelp Inc is not explicitly provided in the table for the years ending on December 31, 2019, 2020, 2021, 2022, and 2023. In order to calculate the DOH, we need the average inventory and cost of goods sold figures for each year.
DOH is a crucial financial ratio that indicates the number of days a company holds its inventory before selling it. A lower DOH value signifies efficient inventory management as the company is able to turn over its inventory quickly, while a higher DOH may indicate overstocking or slow-moving inventory.
Without the specific information on inventory and cost of goods sold for Yelp Inc for the mentioned years, a detailed analysis of the trend in DOH over time and its implications for the company's inventory management effectiveness cannot be provided. It is recommended to gather additional financial data to compute the DOH and evaluate Yelp Inc's inventory turnover efficiency accurately.
Peer comparison
Dec 31, 2023