CF Industries Holdings Inc (CF)
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 | 12.46 | 13.15 | 13.00 | 14.78 | 13.58 | 13.74 | 15.29 | 12.33 | 11.23 | 10.72 | 9.81 | 9.35 | 10.17 | 8.82 | 12.17 | 8.75 | 11.58 | 10.82 | 11.97 | 8.98 | |
| DOH | days | 29.29 | 27.76 | 28.07 | 24.70 | 26.88 | 26.57 | 23.87 | 29.59 | 32.49 | 34.06 | 37.21 | 39.04 | 35.88 | 41.37 | 29.99 | 41.73 | 31.52 | 33.75 | 30.48 | 40.66 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 12.46
= 29.29
The days of inventory on hand (DOH) for CF Industries Holdings Inc have fluctuated over the past few years based on the provided data. The trend indicates some variability in managing inventory levels.
- The DOH decreased from March 31, 2020, at 40.66 days to June 30, 2020, at 30.48 days, suggesting an improvement in inventory management efficiency.
- There was a slight increase to 33.75 days by September 30, 2020, followed by a decrease to 31.52 days by the end of December 31, 2020.
- The DOH increased again to 41.73 days by March 31, 2021, but then declined to 29.99 days by June 30, 2021, indicating improved inventory turnover.
- However, the DOH increased to 41.37 days by September 30, 2021, suggesting a longer period for inventory to be sold or used.
- Subsequent periods showed some fluctuation but overall downward trend until June 30, 2023, when it reached 23.87 days, reflecting efficient inventory management.
- The DOH then showed a slight increase to 29.29 days by December 31, 2024, suggesting a potential need for closer monitoring of inventory levels.
In conclusion, CF Industries Holdings Inc has experienced fluctuations in its DOH over the years, with periods of both improvements and slight declines. Monitoring and managing inventory levels effectively are crucial to optimizing operational efficiency and profitability.
Peer comparison
Dec 31, 2024