DT Midstream Inc (DTM)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | 73.83 | 40.91 | 26.65 | 20.73 | 42.43 | 22.31 | 11.95 | 8.64 | 18.00 | 7.67 | — | — | |
| DOH | days | — | — | — | — | — | 4.94 | 8.92 | 13.70 | 17.61 | 8.60 | 16.36 | 30.55 | 42.25 | 20.28 | 47.61 | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for DT Midstream Inc have shown fluctuations over the period analyzed. In June 2021, the DOH was 47.61 days, indicating that, on average, the company held inventory for approximately 48 days. This figure decreased significantly to 8.60 days by September 2022, suggesting a more efficient management of inventory.
From March 2023 to September 2023, the DOH consistently declined from 13.70 days to 4.94 days, reflecting the company's efforts in reducing the time it takes to convert inventory into sales. However, by December 2023, the DOH data was not available.
Overall, the trend in DOH suggests that DT Midstream Inc has been effectively managing its inventory levels, optimizing processes to reduce excess stock and improve liquidity. The decreasing trend in DOH indicates a potential improvement in working capital management and operational efficiency.
Peer comparison
Dec 31, 2024