Dow Inc (DOW)

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		6.18	6.03	6.25	6.39	6.97	6.97	7.10	7.19	7.24	6.84	6.21	6.31	6.28	6.07	5.66	5.79	5.85	5.87	5.87	5.65
DOH	days	59.02	60.52	58.36	57.14	52.39	52.40	51.44	50.76	50.43	53.35	58.76	57.85	58.11	60.17	64.45	63.02	62.40	62.17	62.21	64.58

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.18
= 59.02

The days of inventory on hand (DOH) for Dow Inc have shown some fluctuations over the periods covered from March 31, 2020, to December 31, 2024. The DOH decreased from 64.58 days as of March 31, 2020, to 50.43 days by December 31, 2022, indicating a more efficient management of inventory.

However, from December 2022 to March 31, 2024, the DOH increased gradually from 50.43 days to 57.14 days, suggesting a potential buildup of inventory or slowing sales. The peak in DOH reached 64.58 days on June 30, 2021, before decreasing to the lowest point of 50.43 days on December 31, 2022.

The trend shows some fluctuations but overall indicates that Dow Inc has been managing its inventory effectively, with efforts to optimize its inventory levels. A lower DOH signifies efficient inventory management, avoiding excess inventory and potential obsolescence risks. It is essential for the company to monitor and adjust its inventory levels to maintain a healthy balance between meeting customer demand and controlling costs.