Dupont De Nemours Inc (DD)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		3.70	3.65	3.61	2.79	3.63
DOH	days	98.67	100.02	101.18	131.05	100.58

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.70
= 98.67

Based on the provided data, Dupont De Nemours Inc's days of inventory on hand (DOH) has shown a fluctuating trend over the past five years.

At the end of December 2020, the company had 100.58 days of inventory on hand. This number increased to 131.05 days by the end of December 2021, indicating a significant rise in inventory levels. In the subsequent year, by December 31, 2022, the DOH decreased to 101.18 days, showing more efficiency in managing inventory.

Moving forward to December 31, 2023, the DOH remained relatively stable at 100.02 days. This demonstrates consistency in the company's inventory management practices. By the end of December 31, 2024, Dupont De Nemours Inc further improved its inventory management, with DOH decreasing to 98.67 days, suggesting a more streamlined and efficient inventory control process.

Overall, the trend in Dupont De Nemours Inc's days of inventory on hand reflects variations in inventory management efficiency over the years, with efforts made to optimize inventory levels and reduce holding costs.