Darling Ingredients Inc (DAR)
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 | 9.45 | 9.04 | 9.15 | 8.70 | 8.20 | 7.79 | 7.87 | 7.61 | 8.74 | 8.41 | 8.38 | 9.08 | 9.20 | 8.50 | 8.94 | 8.50 | 8.51 | 8.07 | 8.33 | 8.61 | |
| DOH | days | 38.63 | 40.36 | 39.88 | 41.95 | 44.52 | 46.85 | 46.40 | 47.96 | 41.76 | 43.41 | 43.55 | 40.19 | 39.67 | 42.95 | 40.84 | 42.93 | 42.88 | 45.22 | 43.84 | 42.37 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 9.45
= 38.63
Darling Ingredients Inc's Days of Inventory on Hand (DOH) has shown some fluctuation over the years based on the provided data. The company held an average of 42.74 days worth of inventory from March 2020 to December 2024.
The DOH ranged from a low of 38.63 days on December 31, 2024, to a high of 47.96 days on March 31, 2023. The peak on March 31, 2023, signified an extended period of inventory held by the company, possibly indicating a slower turnover of inventory during that period.
On the other hand, the lowest DOH of 38.63 days on December 31, 2024, might signal more efficient management of inventory with a faster turnover rate. Overall, monitoring the trend of DOH can provide insights into inventory management efficiency, working capital requirements, and potential operational improvements for Darling Ingredients Inc.
Peer comparison
Dec 31, 2024