Belden Inc (BDC)
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 | 4.48 | 3.98 | 3.85 | 3.99 | 4.24 | 4.83 | 4.84 | 4.54 | 4.95 | 4.78 | 4.19 | 4.01 | 4.43 | 4.57 | 4.37 | 4.44 | 4.76 | 5.00 | 5.15 | 5.21 | |
| DOH | days | 81.38 | 91.64 | 94.91 | 91.38 | 86.02 | 75.57 | 75.45 | 80.34 | 73.76 | 76.28 | 87.17 | 90.94 | 82.38 | 79.89 | 83.49 | 82.19 | 76.72 | 73.06 | 70.91 | 70.07 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.48
= 81.38
The days of inventory on hand (DOH) for Belden Inc have fluctuated over the past few years. From March 31, 2020, to December 31, 2020, the DOH increased steadily from 70.07 days to 76.72 days. This could indicate an increase in the average number of days it takes for the company to sell its inventory.
However, from March 31, 2021, to June 30, 2021, there was a significant spike in DOH, reaching 83.49 days. This may suggest inventory management challenges or possible inefficiencies in sales or production processes.
Subsequently, from September 30, 2021, to December 31, 2021, there was a slight decrease in the DOH to 82.38 days. The trend continued with a further decrease to 76.28 days by September 30, 2022. This decline could indicate improvements in inventory management practices or more efficient sales operations.
However, the DOH increased again by the end of December 31, 2022, to 73.76 days, followed by fluctuations over the next few quarters. From March 31, 2024, to December 31, 2024, the DOH ranged from 81.38 days to 94.91 days, showing some inconsistency in inventory turnover.
Overall, Belden Inc's DOH has shown variability, indicating potential challenges in managing inventory levels effectively and efficiently. It is essential for the company to focus on optimizing inventory turnover to improve liquidity and profitability.
Peer comparison
Dec 31, 2024