Arrow Electronics Inc (ARW)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 5.23 | 5.52 | 5.59 | 5.71 | 5.58 | 5.20 | 5.73 | 5.80 | 6.07 | 6.29 | 6.42 | 6.61 | 7.20 | 7.82 | 7.97 | 8.33 | 7.75 | 7.56 | 7.10 | 7.49 | |
| DOH | days | 69.79 | 66.10 | 65.35 | 63.90 | 65.38 | 70.13 | 63.65 | 62.94 | 60.13 | 58.00 | 56.90 | 55.25 | 50.66 | 46.68 | 45.78 | 43.82 | 47.09 | 48.27 | 51.38 | 48.73 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.23
= 69.79
Arrow Electronics Inc's days of inventory on hand (DOH) has exhibited some fluctuations over the periods mentioned.
The trend shows a slight increase in DOH from March 31, 2020, to June 30, 2020, with a peak of 51.38 days. Subsequently, there was a gradual decline in DOH until March 31, 2021, indicative of better inventory management. However, from that point onwards, there has been an upward trend in DOH, peaking at 70.13 days on September 30, 2023.
The significant increase in DOH from March 31, 2021, to December 31, 2023, followed by a slight decrease by the end of the period, could imply potential issues such as excess inventory or slower inventory turnover.
By the end of the data set on December 31, 2024, Arrow Electronics Inc had a DOH of 69.79 days, which was on the higher side compared to the earlier years. It may be crucial for the company to review and optimize its inventory management strategies to maintain an optimal level of inventory and improve operational efficiency.
Peer comparison
Dec 31, 2024