CSW Industrials Inc (CSWI)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 3.74 | 4.28 | 4.37 | 4.27 | 4.28 | 4.08 | 3.97 | 3.26 | 3.23 | 3.28 | 3.38 | 3.80 | 4.00 | 3.74 | 3.19 | 3.22 | 6.02 | 5.37 | 5.57 | 5.68 | |
| DOH | days | 97.63 | 85.24 | 83.58 | 85.53 | 85.34 | 89.47 | 91.99 | 111.88 | 112.84 | 111.30 | 108.05 | 95.99 | 91.22 | 97.57 | 114.50 | 113.50 | 60.62 | 68.00 | 65.49 | 64.23 |
September 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.74
= 97.63
The days of inventory on hand (DOH) for CSW Industrials Inc has shown some fluctuations over the past years. In the most recent period ending September 30, 2024, the company had an average of 97.63 days of inventory on hand. This indicates that on average, it takes CSW Industrials Inc approximately 97.63 days to sell its inventory.
Looking at the trend over the past five quarters, there has been a slight increase in the DOH from the low of 60.62 days at the end of December 2020 to the current level of 97.63 days at the end of September 2024. This increasing trend may suggest a buildup of inventory levels relative to sales, which could imply potential sales challenges or inefficiencies in inventory management.
Comparing the DOH to industry benchmarks and historical data of the company can provide further insights into the efficiency of CSW Industrials Inc's inventory management practices. It would be advisable for the company to closely monitor and possibly optimize its inventory levels to ensure that they are aligned with demand in order to improve cash flow and overall operational efficiency.
Peer comparison
Sep 30, 2024