Everus Construction Group Inc (ECG)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Inventory turnover | 57.38 | 59.29 | 65.77 | — | |
| DOH | days | 6.36 | 6.16 | 5.55 | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 57.38
= 6.36
The days of inventory on hand (DOH) for Everus Construction Group Inc has shown a slight upward trend over the period from December 31, 2022 to December 31, 2024. The company held inventory for approximately 5.55 days at the end of 2022, which increased to 6.16 days by the end of 2023, and further to 6.36 days by the end of 2024. This indicates that, on average, Everus Construction Group Inc takes around 6.36 days to convert its inventory into sales. An increase in the days of inventory on hand may suggest slower inventory turnover, potentially signaling inefficiencies in managing inventory levels or potential risks related to obsolete or slow-moving inventory. It is essential for the company to monitor its inventory management practices closely to optimize working capital and operational efficiency.
Peer comparison
Dec 31, 2024