Curtiss-Wright Corporation (CW)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 4.82 | 4.69 | 4.47 | 5.22 | 3.61 | |
| DOH | days | 75.76 | 77.85 | 81.63 | 69.90 | 100.99 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.82
= 75.76
Curtiss-Wright Corporation's Days of Inventory on Hand (DOH) has shown a mixed trend over the five-year period from December 31, 2020, to December 31, 2024. The DOH decreased from 100.99 days in 2020 to 69.90 days in 2021, indicating an improvement in inventory management efficiency. However, there was a slight increase to 81.63 days in 2022, followed by a decrease to 77.85 days in 2023, and a further decline to 75.76 days in 2024.
The decrease in DOH from 2020 to 2021 suggests that Curtiss-Wright Corporation was able to reduce the number of days it takes to sell its inventory, potentially indicating tighter inventory control or more effective sales strategies. The subsequent fluctuation in DOH over the following years may be attributed to changes in demand patterns, production cycles, or supply chain disruptions.
Overall, while the decreasing trend in DOH from 2020 to 2024 indicates some improvements in inventory management, it is essential for Curtiss-Wright Corporation to continue monitoring and optimizing its inventory levels to ensure efficient operations and working capital management.
Peer comparison
Dec 31, 2024