EMCOR Group Inc (EME)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 123.36 | 94.73 | 110.61 | 155.31 | 138.77 | |
| DOH | days | 2.96 | 3.85 | 3.30 | 2.35 | 2.63 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 123.36
= 2.96
The days of inventory on hand (DOH) for EMCOR Group Inc have fluctuated over the past five years. In December 2020, the company had inventory on hand that could last for approximately 2.63 days. This decreased to 2.35 days by December 2021, indicating a more efficient management of inventory during that period.
However, there was an increase in the DOH to 3.30 days by December 2022 and further to 3.85 days by December 2023. This suggests a potential buildup of inventory relative to sales, which may tie up working capital and could indicate challenges in inventory management or a slowdown in sales.
By December 2024, the DOH decreased slightly to 2.96 days, showing a slight improvement in inventory turnover compared to the previous year. Overall, EMCOR Group Inc should continue monitoring its inventory levels closely to ensure optimal management and efficient use of resources.
Peer comparison
Dec 31, 2024