Clear Secure Inc (YOU)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		—	6.15	5.27	5.38	5.66
DOH	days	—	59.38	69.26	67.83	64.44

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The days of inventory on hand (DOH) ratio measures how many days, on average, a company holds its inventory before selling it. In the case of Clear Secure Inc, the trend in the DOH ratio has been fluctuating over the years as follows:

- As of December 31, 2020, Clear Secure Inc had an average of 64.44 days of inventory on hand.
- By December 31, 2021, this figure slightly increased to 67.83 days, indicating a potential slower turnover of inventory.
- The trend continued to rise as of December 31, 2022, reaching 69.26 days, which may imply that the company was holding onto inventory for a longer period.
- However, by December 31, 2023, the DOH ratio decreased to 59.38 days, showing a positive improvement in inventory management efficiency.
- The data for December 31, 2024 is missing, as represented by "— days," which could indicate a lack of available information for that period.

Overall, the fluctuation in Clear Secure Inc's DOH ratio suggests varying levels of inventory management efficiency over the years. It is important for the company to monitor and optimize its inventory handling practices to maintain a healthy balance between holding enough inventory to meet customer demand and avoiding excess carrying costs.