CSW Industrials Inc (CSWI)
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 | 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 | 3.40 | 3.88 | |
| DOH | days | 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 | 107.44 | 93.96 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.34
= 156.29
The days of inventory on hand (DOH) is a metric used to measure how efficiently a company manages its inventory. In the case of CSW Industrials Inc, the DOH has fluctuated over the past few years, ranging from a low of 93.10 days in September 2020 to a high of 177.55 days in December 2020.
The trend of DOH for CSW Industrials Inc shows some volatility, indicating potential challenges in managing inventory levels effectively. However, there have been periods of improvement in inventory management, such as the decrease in DOH from December 2020 to March 2021.
It is essential for the company to closely monitor its inventory levels to ensure efficient use of resources and reduce carrying costs associated with excess inventory. By analyzing the DOH metric over time, CSW Industrials Inc can identify trends and areas for improvement in its inventory management practices.
Peer comparison
Dec 31, 2024