The Boeing Company (BA)

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 6.13 6.92 6.54 6.83 6.93 7.23 7.12 6.78 6.54 6.09 5.66 5.59 5.53 5.83 5.62 5.22 5.52 5.22 5.54 6.21
DOH days 59.58 52.74 55.78 53.45 52.67 50.50 51.26 53.85 55.84 59.94 64.49 65.34 66.00 62.65 64.99 69.90 66.10 69.91 65.87 58.75

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.13
= 59.58

The days of inventory on hand (DOH) for The Boeing Company has exhibited some fluctuations over the past few years.

From March 31, 2020, to September 30, 2020, there was a steady increase in DOH from 58.75 days to 69.91 days, indicating potentially slower inventory turnover. However, this trend reversed by the end of December 2020 when DOH decreased to 66.10 days.

Subsequently, the trend was somewhat erratic with slight fluctuations up to March 31, 2021, when DOH peaked at 69.90 days. From there, a declining trend was observed up to December 31, 2021, where DOH stood at 66.00 days.

Notably, from March 31, 2022, to September 30, 2024, there was a consistent downward trend in DOH, indicating improvements in inventory management efficiency. By the end of December 31, 2024, DOH had declined to 59.58 days.

Overall, the decreasing trend in DOH from 2022 to 2024 suggests that Boeing has been able to manage its inventory more effectively, potentially leading to lower holding costs and improved liquidity.


Peer comparison

Dec 31, 2024

Company name
Symbol
DOH
The Boeing Company
BA
59.58
AeroVironment Inc
AVAV
96.68

See also:

The Boeing Company Average Inventory Processing Period (Quarterly Data)