Crown Holdings Inc (CCK)

Days of inventory on hand (DOH) measures how many days, on average, a company holds its inventory before selling it. In the case of Crown Holdings Inc, the trend in DOH over the past five years has shown fluctuations.

On December 31, 2020, the company had an average of 41.88 days of inventory on hand, indicating that the company was able to sell its inventory in approximately 41.88 days.

By December 31, 2021, the DOH increased to 51.75 days, suggesting that the company may have been holding onto its inventory for a longer period before selling it.

The trend continued to increase, reaching 59.75 days on December 31, 2022, indicating that Crown Holdings Inc was taking even longer to sell its inventory, which could potentially tie up more of its capital in inventory holdings.

However, by December 31, 2023, the DOH decreased to 51.82 days, showing a slight improvement in the management of inventory levels.

Finally, as of December 31, 2024, the DOH decreased further to 45.72 days, indicating that the company was able to reduce the number of days it held inventory before selling it.

Overall, Crown Holdings Inc's DOH has shown some variability over the past five years, with fluctuations potentially indicating changes in inventory management practices, sales patterns, or supply chain efficiency. Further analysis would be needed to understand the underlying reasons for these fluctuations and to assess the impact on the company's overall operations and financial performance.

Peer comparison

Dec 31, 2024