Boise Cascad Llc (BCC)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 6.71 | 7.59 | 9.28 | 9.54 | 9.01 | |
| DOH | days | 54.36 | 48.07 | 39.34 | 38.28 | 40.51 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.71
= 54.36
The days of inventory on hand (DOH) for Boise Cascade LLC have shown fluctuations over the past five years. In December 2020, the company had an average of 40.51 days of inventory on hand. This number decreased slightly to 38.28 days by the end of December 2021. However, in December 2022, the DOH increased to 39.34 days before experiencing a significant rise to 48.07 days by December 2023.
The most notable increase occurred in December 2024, with the DOH spiking to 54.36 days. This suggests that Boise Cascade LLC may have been holding onto inventory for a longer period during that year compared to previous years. A high DOH may indicate inefficiencies in inventory management, tying up capital and potentially leading to increased holding costs.
Overall, the trend in the DOH for Boise Cascade LLC raises questions about the company's inventory management practices and efficiency levels that may require further investigation to optimize working capital and operational performance.