Armstrong World Industries Inc (AWI)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 19.04 | 13.42 | 14.23 | 14.49 | 13.54 | 13.27 | 12.78 | 12.98 | 12.21 | 12.71 | 13.03 | 14.86 | 13.86 | 14.39 | 13.78 | 13.45 | 13.80 | 14.56 | 16.28 | 16.48 | |
| DOH | days | 19.17 | 27.21 | 25.64 | 25.19 | 26.95 | 27.50 | 28.56 | 28.13 | 29.88 | 28.72 | 28.02 | 24.57 | 26.34 | 25.37 | 26.48 | 27.13 | 26.44 | 25.06 | 22.42 | 22.15 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 19.04
= 19.17
The days of inventory on hand (DOH) for Armstrong World Industries Inc fluctuated over the period analyzed. The trend shows some stability in the earlier years, with the DOH hovering around the mid-20s range. However, there was a notable increase in DOH in the latter part of the period, reaching a peak of 29.88 days on September 30, 2022.
This increase in DOH could indicate that Armstrong World Industries Inc was holding onto inventory for a longer period, which may signal inefficiencies in inventory management or potential challenges in demand forecasting. It could also imply that the company was facing slower inventory turnover or experiencing difficulties in selling its products.
Subsequently, there was a slight decrease in DOH towards the end of the period, with the metric stabilizing in the low to mid-20s range. This reduction may suggest that the company took steps to improve its inventory management practices or address any underlying issues that led to the initial increase in DOH.
Overall, monitoring the DOH can provide insights into how efficiently Armstrong World Industries Inc is managing its inventory levels and is crucial for evaluating the effectiveness of its supply chain operations.
Peer comparison
Dec 31, 2024