Bunge Limited (BG)
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 | 7.66 | 6.82 | 6.45 | 7.07 | 7.70 | 7.53 | 6.76 | 7.04 | 7.56 | 7.85 | 5.83 | 5.34 | 6.62 | 6.43 | 5.65 | 4.81 | 5.38 | 5.74 | 6.47 | 7.36 | |
| DOH | days | 47.66 | 53.49 | 56.57 | 51.60 | 47.41 | 48.46 | 53.98 | 51.85 | 48.29 | 46.48 | 62.63 | 68.38 | 55.16 | 56.80 | 64.60 | 75.90 | 67.78 | 63.54 | 56.41 | 49.62 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.66
= 47.66
The days of inventory on hand (DOH) for Bunge Limited have fluctuated over the past few years. The trend shows an increase in DOH from March 31, 2020, to December 31, 2021, reaching a peak of 75.90 days in March 31, 2021, before declining to 47.41 days by December 31, 2023. This suggests that the company was holding inventory for a longer period before selling it, which may indicate inefficiencies in inventory management during that period.
However, from December 31, 2023, to December 31, 2024, there was a slight increase in DOH to 47.66 days. Overall, the trend in recent periods shows that Bunge Limited has been able to reduce its DOH, indicating a more efficient management of inventory, potentially resulting in lower carrying costs and better cash flow management.
It is important for Bunge Limited to continue monitoring and optimizing its inventory levels to ensure that it strikes the right balance between having enough inventory to meet demand and avoiding excessive holding costs. Maintaining an appropriate DOH can help improve the company's operational efficiency and profitability in the long run.
Peer comparison
Dec 31, 2024