BWX Technologies Inc (BWXT)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 68.46 | 73.40 | 96.55 | 103.21 | 79.59 | |
| DOH | days | 5.33 | 4.97 | 3.78 | 3.54 | 4.59 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 68.46
= 5.33
As the data for the days of inventory on hand (DOH) for BWX Technologies Inc is not provided in the table, a detailed analysis of this ratio cannot be conducted. The DOH ratio is a measure of how many days, on average, a company holds inventory before selling it. It is calculated by dividing the average inventory by the cost of goods sold and multiplying the result by 365.
Without the specific DOH data for BWX Technologies Inc across the years 2019 to 2023, it is not possible to assess the efficiency of the company in managing its inventory levels and turnover. A high DOH value could indicate slow inventory turnover, potentially tying up capital in excess inventory and leading to storage costs or obsolescence risks. Conversely, a low DOH value suggests efficient inventory management, quick turnover, and potentially higher profitability.
To provide a more meaningful analysis of BWX Technologies Inc's inventory management efficiency, the specific DOH figures for the respective years would be needed to compare trends over time and against industry averages or competitors.
Peer comparison
Dec 31, 2023