Arcosa Inc (ACA)
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 | 4.64 | 4.98 | 5.08 | 5.55 | 5.76 | 5.61 | 6.13 | 5.10 | 5.15 | 4.68 | 4.55 | 5.27 | 5.61 | 5.34 | 4.82 | 4.82 | 4.96 | 3.94 | 4.20 | ||
| DOH | days | 78.67 | 73.35 | 71.84 | 65.81 | 63.33 | 65.08 | 59.53 | 71.55 | 70.92 | 77.97 | 80.16 | 69.32 | 65.03 | 68.37 | 75.70 | 75.69 | 73.62 | 92.66 | 86.97 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.64
= 78.67
To analyze Arcosa Inc's days of inventory on hand (DOH), we calculated the average DOH over the eight quarters provided. The average DOH for Arcosa Inc over this period is 68.36 days.
The DOH has shown fluctuation over the quarters, with a general uptrend from Q1 2022 to Q4 2023. This indicates that the company has been holding inventory for longer periods on average over the years.
The increase in DOH may suggest that Arcosa Inc is experiencing challenges in effectively managing its inventory levels. It could imply excess inventory, slow-moving stock, or inefficiencies in the supply chain or production processes.
Overall, it would be beneficial for Arcosa Inc to closely monitor its inventory turnover and implement strategies to optimize inventory levels to improve efficiency and reduce carrying costs.
Peer comparison
Dec 31, 2023