Allegheny Technologies Incorporated (ATI)
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 | 2.56 | 3.01 | 3.86 | 3.94 | 4.06 | 3.08 | 2.43 | 2.55 | 2.61 | 2.42 | 2.15 | 2.12 | 2.36 | 2.31 | 2.22 | 2.36 | 2.70 | 2.82 | 2.92 | 2.91 | |
| DOH | days | 142.57 | 121.30 | 94.44 | 92.67 | 89.98 | 118.55 | 150.19 | 143.02 | 139.80 | 151.06 | 169.59 | 171.90 | 154.83 | 158.16 | 164.26 | 154.51 | 135.33 | 129.24 | 124.91 | 125.62 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.56
= 142.57
The Days of Inventory on Hand (DOH) ratio for Allegheny Technologies Incorporated has shown fluctuations over the past few years. In March 2020, the company had an inventory turnover period of approximately 125.62 days, which decreased slightly to 124.91 days by June 2020. However, the DOH ratio started to increase significantly in the following quarters, reaching 154.51 days by March 2021 and peaking at 171.90 days by March 2022.
Subsequently, there was a slight decline in the DOH ratio to 139.80 days by December 2022 before rising again to 150.19 days by June 2023. The ratio experienced a significant drop in September 2023 to 118.55 days, indicating a potentially positive trend in inventory management. This decrease continued, with the DOH ratio reaching 89.98 days by December 2023, reflecting a considerable improvement in inventory turnover efficiency.
However, the DOH ratio slightly increased to 121.30 days by September 2024 and further rose to 142.57 days by December 2024. Overall, while there have been fluctuations in Allegheny Technologies Incorporated's DOH ratio over the years, the company demonstrated improved inventory management efficiency towards the end of 2023, although there was a slight increase in the DOH ratio towards the end of 2024. Monitoring this metric is crucial for assessing the effectiveness of inventory management practices within the company.