Church & Dwight Company Inc (CHD)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 5.41 | 5.35 | 4.83 | 5.47 | 5.41 | |
| DOH | days | 67.49 | 68.26 | 75.51 | 66.77 | 67.43 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.41
= 67.49
The days of inventory on hand (DOH) for Church & Dwight Company Inc has remained relatively stable over the past five years. From December 31, 2020, to December 31, 2024, the company's DOH ranged from a low of 66.77 days to a high of 75.51 days, with an average of approximately 68.89 days. This indicates that on average, the company holds its inventory for about 68.89 days before it is sold.
A lower DOH suggests that the company is able to turn over its inventory more quickly, which can be a positive sign of efficiency and effective inventory management. On the other hand, a higher DOH may indicate slower inventory turnover, potentially tying up capital in unsold inventory.
Overall, the stability of Church & Dwight's DOH over the years suggests a consistent approach to managing inventory levels. However, it would be beneficial for the company to compare its DOH with industry benchmarks to evaluate its inventory management efficiency relative to its peers.
Peer comparison
Dec 31, 2024