Caterpillar Inc (CAT)
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 | 2.46 | 2.43 | 2.49 | 2.56 | 2.64 | 2.52 | 2.47 | 2.41 | 2.58 | 2.39 | 2.43 | 2.49 | 2.56 | 2.47 | 2.53 | 2.50 | 2.60 | 2.71 | 2.88 | 3.03 | |
| DOH | days | 148.22 | 150.16 | 146.56 | 142.58 | 138.05 | 144.86 | 147.93 | 151.19 | 141.68 | 153.01 | 150.19 | 146.39 | 142.46 | 147.69 | 144.08 | 146.03 | 140.26 | 134.59 | 126.69 | 120.34 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.46
= 148.22
Caterpillar Inc's Days of Inventory on Hand (DOH) has shown a fluctuating trend over the period from March 31, 2020, to December 31, 2024. The DOH started at 120.34 days on March 31, 2020, gradually increased to a peak of 153.01 days on September 30, 2022, before declining to 138.05 days on December 31, 2023.
During the most recent periods, the DOH has ranged between 138.05 days and 151.19 days. The inventory holding periods for Caterpillar Inc appear to have stabilized somewhat, indicating a level of consistency in managing inventory levels.
It is important for the company to monitor and manage its inventory effectively to optimize working capital, reduce holding costs, and ensure efficient production and sales cycles. Trend analysis of the DOH metric can provide insights into the company's inventory management efficiency and overall operational performance.
Peer comparison
Dec 31, 2024
See also:
Caterpillar Inc Average Inventory Processing Period (Quarterly Data)