Clear Secure Inc (YOU)

Days of inventory on hand (DOH)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Inventory turnover — — — — 5.24 5.14 5.14 6.13 5.27 5.11 6.35 5.48 5.38 4.30 3.37 4.30 5.66
DOH days — — — — 69.68 70.97 70.97 59.56 69.26 71.49 57.45 66.60 67.83 84.97 108.17 84.94 64.44

December 31, 2024 calculation

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

The Days of Inventory on Hand (DOH) for Clear Secure Inc has shown some fluctuations over the past few years. From December 31, 2020, to September 30, 2022, the DOH increased steadily from 64.44 days to 71.49 days, indicating that the company was holding inventory for a longer period before selling it.

However, there was a slight decrease in DOH by December 31, 2022, where it dropped to 69.26 days, and it remained relatively stable around this level for the next few quarters.

By March 31, 2024, there wasn't data available for analysis, but it appears that the company may have made some changes to its inventory management practices given the decreasing trend in DOH leading up to that point.

Overall, monitoring the Days of Inventory on Hand is crucial for Clear Secure Inc to optimize inventory levels, minimize carrying costs, and ensure efficient operations in the future.