Caterpillar Inc (CAT)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 2.47 | 2.64 | 2.58 | 2.56 | 2.60 | |
| DOH | days | 148.05 | 138.05 | 141.68 | 142.46 | 140.26 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.47
= 148.05
Caterpillar Inc's days of inventory on hand (DOH) has shown some fluctuations over the years. In December 31, 2020, the DOH stood at 140.26 days, which increased slightly to 142.46 days by December 31, 2021. Subsequently, there was a minor decrease in the DOH to 141.68 days by December 31, 2022. This was followed by a decrease to 138.05 days by December 31, 2023. However, by December 31, 2024, the DOH increased to 148.05 days, indicating a significant rise in the days inventory is held by the company. Overall, the trend in DOH for Caterpillar Inc has been somewhat volatile, with a mix of increases and decreases in the number of days inventory is held on hand during the specified period.
Peer comparison
Dec 31, 2024