CSW Industrials Inc (CSWI)
Days of inventory on hand (DOH)
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 2.93 | 2.72 | 2.47 | 2.39 | 3.88 | |
| DOH | days | 124.46 | 134.12 | 147.90 | 152.73 | 93.96 |
March 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.93
= 124.46
CSW Industrials Inc's days of inventory on hand (DOH) has shown a fluctuating trend over the past five years. The company's DOH was 83.59 days as of March 31, 2024, which represents a decrease compared to the previous year. This decrease suggests that CSW Industrials Inc has been able to manage its inventory more efficiently in the most recent period.
Looking back at the historical trend, the company's DOH was highest at 101.20 days as of March 31, 2021, indicating that CSW Industrials Inc held inventory for a longer period in that particular year. Since then, there has been a downward trend in DOH, signaling improvements in inventory management efficiency.
It is worth noting that the DOH was significantly lower at 65.47 days as of March 31, 2020, compared to the subsequent years, which suggests that CSW Industrials Inc was more effective in managing its inventory during that period.
Overall, while the company has experienced fluctuations in its DOH over the past five years, the recent decrease may indicate enhanced inventory management practices at CSW Industrials Inc.
Peer comparison
Mar 31, 2024