Bunge Limited (BG)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 7.66 | 7.70 | 7.56 | 6.62 | 5.38 | |
| DOH | days | 47.66 | 47.41 | 48.29 | 55.16 | 67.78 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.66
= 47.66
Bunge Limited's days of inventory on hand (DOH) has shown a decreasing trend over the years, indicating efficiency in managing inventory levels.
The DOH decreased from 67.78 days as of December 31, 2020, to 55.16 days as of December 31, 2021, reflecting a more rapid turnover of inventory. This trend continued as the DOH further dropped to 48.29 days by December 31, 2022, and again to 47.41 days by December 31, 2023.
Although there was a slight increase to 47.66 days as of December 31, 2024, the overall trend suggests that Bunge Limited has been effective in managing its inventory levels to meet demand efficiently. This improved efficiency in inventory management can lead to cost savings and better cash flow management for the company.
Peer comparison
Dec 31, 2024