Days On Hand Calculation

Days On Hand Calculation

Days On Hand Calculation

oboloo’s Glossary

Days On Hand Calculation is a business metric used to assess the performance of inventory management. It measures how many days, on average, a company has its inventory in stock before it needs to be replaced. This calculation gives companies an idea of their inventory turnover rate and helps them plan ahead for potential shortages. By understanding their Days On Hand Calculation, businesses can optimize their resources and ensure that stock levels are kept at comfortable levels to meet customer demand.