Dupont De Nemours Inc (DD)

Days of inventory on hand (DOH)

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Inventory turnover 5.04 4.56 6.45 7.83 4.19
DOH days 72.40 80.10 56.57 46.64 87.16

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.04
= 72.40

DuPont de Nemours Inc's Days of Inventory on Hand (DOH) has shown fluctuations over the past five years. From 2019 to 2021, there was a decreasing trend in DOH, indicating an improvement in inventory management efficiency. However, in 2022 and 2023, DOH slightly increased, suggesting a potential slowdown in inventory turnover.

Overall, the company's DOH levels have been relatively stable, albeit slightly elevated in recent years, which may signify increased inventory holding costs and liquidity concerns. It would be beneficial for DuPont de Nemours Inc to assess its inventory management practices to optimize working capital utilization and improve overall operational efficiency.


Peer comparison

Dec 31, 2023


See also:

Dupont De Nemours Inc Average Inventory Processing Period