CF Industries Holdings Inc (CF)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 12.36 | 13.67 | 11.23 | 10.17 | 11.58 | |
| DOH | days | 29.54 | 26.71 | 32.49 | 35.88 | 31.52 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 12.36
= 29.54
The days of inventory on hand (DOH) for CF Industries Holdings Inc has shown some fluctuations over the past five years.
As of December 31, 2020, the company had an average of 31.52 days of inventory on hand, indicating that it took around 31.52 days to sell its inventory.
By December 31, 2021, the DOH had increased to 35.88 days, potentially signaling that the company was carrying more inventory relative to its sales.
The following year, by December 31, 2022, the DOH decreased slightly to 32.49 days, possibly indicating a more efficient management of inventory levels.
By December 31, 2023, the DOH further decreased to 26.71 days, suggesting that the company was able to turn its inventory into sales more quickly.
As of December 31, 2024, the DOH increased to 29.54 days, showing a slight increase in the number of days it took to sell its inventory.
Overall, the trend in CF Industries Holdings Inc's DOH indicates some fluctuations in inventory management efficiency over the past five years, with periods of both improvement and slight deterioration.
Peer comparison
Dec 31, 2024