Curtiss-Wright Corporation (CW)
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 | 4.82 | 4.39 | 4.47 | 4.41 | 4.69 | 4.29 | 4.17 | 4.19 | 4.47 | 4.21 | 4.36 | 4.73 | 5.22 | 3.68 | 3.51 | 3.44 | 3.61 | 3.33 | 3.38 | 3.58 | |
| DOH | days | 75.76 | 83.23 | 81.73 | 82.69 | 77.85 | 84.98 | 87.52 | 87.13 | 81.63 | 86.67 | 83.76 | 77.16 | 69.90 | 99.16 | 103.88 | 106.08 | 100.99 | 109.63 | 107.83 | 101.95 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.82
= 75.76
The days of inventory on hand (DOH) for Curtiss-Wright Corporation have exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The DOH ranged from a high of 109.63 days on September 30, 2020, to a low of 69.90 days on December 31, 2021.
Generally, a high DOH indicates that the company is holding onto inventory for a longer period, which can tie up working capital and increase storage costs. Conversely, a low DOH suggests efficient inventory management and quicker turnover of inventory.
It is notable that the DOH decreased significantly from December 31, 2021, to March 31, 2022, reflecting a possible improvement in inventory management practices. However, the DOH trended upwards in the following periods, reaching 87.52 days on June 30, 2023.
Overall, while fluctuations in DOH are expected due to changes in demand, production processes, or supply chain disruptions, it is essential for Curtiss-Wright Corporation to continue monitoring and optimizing its inventory management to strike a balance between meeting customer demands and maintaining efficient operations.
Peer comparison
Dec 31, 2024