EMCOR Group Inc (EME)
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 | 123.36 | 122.88 | 108.85 | 95.67 | 94.73 | 88.05 | 93.50 | 96.48 | 110.61 | 90.45 | 95.67 | 121.45 | 155.31 | 125.02 | 119.92 | 153.44 | 138.77 | 192.17 | 188.63 | 224.25 | |
| DOH | days | 2.96 | 2.97 | 3.35 | 3.82 | 3.85 | 4.15 | 3.90 | 3.78 | 3.30 | 4.04 | 3.82 | 3.01 | 2.35 | 2.92 | 3.04 | 2.38 | 2.63 | 1.90 | 1.94 | 1.63 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 123.36
= 2.96
EMCOR Group Inc has maintained a relatively stable but fluctuating trend in its days of inventory on hand (DOH) over the disclosed periods. The DOH increased from 1.63 days as of March 31, 2020, to peak at 4.15 days as of September 30, 2023, before decreasing slightly to 2.96 days as of December 31, 2024.
The increasing DOH trend observed up to September 30, 2023, could indicate potential issues with inventory management, such as overstocking or slowing sales. However, the subsequent decrease in DOH by the end of 2024 suggests that EMCOR may have taken steps to address these concerns.
The fluctuations in DOH may be influenced by various factors, including changes in demand for EMCOR's products, inventory management practices, supply chain disruptions, or seasonality in the business. Analyzing these factors can help stakeholders better understand the efficiency of EMCOR's inventory management and its impact on the company's financial performance.
Peer comparison
Dec 31, 2024