Dupont De Nemours Inc (DD)

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		5.03	4.43	4.37	4.24	4.56	4.92	5.29	5.83	6.44	4.90	5.80	6.58	7.60	4.49	3.99	3.93	6.86	6.30	5.39	1.13
DOH	days	72.50	82.34	83.58	86.10	80.06	74.12	68.97	62.57	56.66	74.42	62.91	55.49	48.02	81.25	91.37	92.76	53.21	57.96	67.76	323.97

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.03
= 72.50

DuPont de Nemours Inc's Days of Inventory on Hand (DOH) has shown a fluctuating trend over the past eight quarters. The DOH ranged from 78.54 days in Q1 2022 to 107.76 days in Q1 2023. Generally, a lower DOH indicates efficient inventory management, while a higher DOH suggests potential issues such as overstocking or slowing sales.

In Q4 2023, the DOH stood at 100.02 days, showing a slight decrease from the previous quarter. This may signify improved inventory turnover or more effective inventory management practices. However, it is essential to monitor this metric over time to identify any significant trends or deviations from the norm. Investors and stakeholders should continue to assess DuPont's inventory management strategies to ensure optimal operational performance and financial health.