Emerson Electric Company (EMR)

Days of inventory on hand (DOH)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Inventory turnover		7.19	6.40	9.44	7.55	7.48
DOH	days	50.78	57.07	38.66	48.36	48.82

September 30, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.19
= 50.78

Emerson Electric Company's days of inventory on hand (DOH) has fluctuated over the past five years. In 2024, the DOH stands at 50.78 days, a decrease from the previous year's 57.07 days. The downward trend in 2024 suggests that the company is able to turn over its inventory more quickly compared to 2023. However, it is worth noting that the DOH is higher in 2024 compared to the levels seen in 2022 and 2021, indicating a potential increase in the time it takes for the company to sell its inventory.

Overall, the fluctuation in DOH over the years may imply changes in inventory management practices, demand for the company's products, or supply chain efficiency. Further analysis of the factors influencing inventory turnover and management strategies may provide insights into the company's operational performance and efficiency in managing its inventory levels.