Topbuild Corp (BLD)

The days of inventory on hand (DOH) for Topbuild Corp has shown some fluctuations over the past five years.

In December 2020, the company had 24.28 days of inventory on hand, indicating that it was able to sell its inventory within approximately 24 days. This suggests efficient inventory management.

The DOH increased to 41.48 days by December 2021, reflecting a potential slowdown in inventory turnover. This increase could be due to various factors such as changes in demand, production issues, or supply chain disruptions.

By December 2022, the DOH decreased to 36.92 days, which may indicate improved inventory management compared to the previous year. However, the DOH is still higher than the initial level in December 2020.

In December 2023, the DOH further decreased to 29.82 days, suggesting a more efficient management of inventory compared to the previous year and a potential improvement in inventory turnover.

By December 2024, the DOH slightly increased to 32.18 days but remained below the levels seen in 2021 and 2022. This indicates that Topbuild Corp continued to manage its inventory effectively, although it experienced a slight uptick in the days of inventory on hand.

Overall, the trend in Topbuild Corp's days of inventory on hand over the five-year period shows fluctuations but generally suggests a reasonable balance between inventory levels and sales. Monitoring and managing inventory effectively are crucial for maintaining optimal operations and financial performance.