Curtiss-Wright Corporation (CW)
Days of inventory on hand (DOH)
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 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 | 3.74 | 3.69 | 3.60 | 3.48 | |
| DOH | days | 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 | 97.57 | 98.93 | 101.35 | 104.88 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.69
= 77.85
Curtiss-Wright Corp.'s Days of Inventory on Hand (DOH) has shown some fluctuations over the past eight quarters. The DOH ranged from a low of 104.69 days in Q4 2023 to a high of 119.07 days in Q3 2022. The average DOH over this period was approximately 113 days.
A decreasing trend in the DOH indicates that the company is managing its inventory more efficiently, while an increasing trend suggests potential issues such as overstocking or slow-moving inventory. It appears that Curtiss-Wright Corp. has made progress in managing its inventory levels more effectively as the DOH has decreased in the most recent quarters.
However, it is important to analyze the DOH in conjunction with other financial metrics and industry benchmarks to gain a comprehensive understanding of Curtiss-Wright Corp.'s inventory management performance. Further investigation and comparison with competitors would provide more insights into the company's operational efficiency and effectiveness in inventory management.
Peer comparison
Dec 31, 2023