CSW Industrials, Inc. (CSW)
Days of inventory on hand (DOH)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 2.36 | 2.49 | 2.34 | 2.51 | 2.87 | 2.93 | 2.87 | 2.91 | 2.79 | 2.72 | 2.42 | 2.39 | 2.44 | 2.48 | 2.75 | 2.85 | 2.66 | 2.39 | 2.06 | 3.92 | |
| DOH | days | 154.44 | 146.66 | 156.29 | 145.47 | 127.27 | 124.46 | 126.96 | 125.57 | 131.06 | 134.12 | 150.91 | 152.55 | 149.87 | 147.13 | 132.58 | 128.26 | 137.44 | 152.73 | 177.55 | 93.10 |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.36
= 154.44
The days of inventory on hand (DOH) for CSW Industrials, Inc. demonstrates notable fluctuations over the analyzed period. At the end of September 2020, the DOH stood at approximately 93.10 days, indicating a relatively efficient inventory turnover. However, this measure increased significantly by December 31, 2020, reaching approximately 177.55 days, suggesting a substantial accumulation of inventory during that quarter.
Throughout 2021, the DOH experienced a gradual decline from the high point in December 2020, ending the year at 132.58 days by December 31, 2021, continuing to decrease into March 2022 to approximately 147.13 days. The subsequent quarters exhibited minor increases and decreases, with the DOH leveling around 150 days, reflecting a relatively steady inventory management pattern during this period.
In 2022, the DOH remained elevated, fluctuating around 152 days at the end of September. Starting from the December 2022 figure of approximately 150.91 days, there was a decreasing trend into March 2023, where the DOH dropped to approximately 134.12 days, indicating improved inventory turnover. This pattern persisted into 2023, with the DOH generally maintaining a range between approximately 125.57 days to 154.44 days across successive quarters.
Specifically, the most recent data for September 2024 shows a rise to approximately 145.47 days, followed by a further increase to 156.29 days at the end of December 2024, suggesting a renewed accumulation of inventory. The first quarter of 2025 reflected a slight decrease to about 146.66 days, but the subsequent quarter experienced an upward shift to approximately 154.44 days.
Overall, the data exhibits periods of elevated DOH levels, notably at the end of 2020 and in late 2024, alongside intervals of improvement and reduction. The trend indicates that inventory management efficiencies have fluctuated, with notable peaks potentially reflecting strategic inventory build-ups, supply chain disruptions, or shifts in sales velocity during certain periods. The recent upward trend toward mid-2025 may warrant continued monitoring to assess if inventory levels normalize or signal ongoing operational adjustments.
Peer comparison
Jun 30, 2025