Emerson Electric Company (EMR)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 7.29 | 6.48 | 6.18 | 5.72 | 6.40 | 6.53 | 7.19 | 7.77 | 9.42 | 6.96 | 6.63 | 6.70 | 7.55 | 7.10 | 7.20 | 7.11 | 7.48 | 7.00 | 7.40 | 7.56 | |
| DOH | days | 50.04 | 56.35 | 59.01 | 63.83 | 57.07 | 55.91 | 50.78 | 46.97 | 38.74 | 52.46 | 55.07 | 54.49 | 48.36 | 51.38 | 50.68 | 51.36 | 48.82 | 52.11 | 49.31 | 48.27 |
September 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.29
= 50.04
The days of inventory on hand (DOH) for Emerson Electric Company have fluctuated over the past few quarters. The DOH measures how many days, on average, it takes for the company to turn its inventory into sales. A lower DOH indicates that the company is efficiently managing its inventory, while a higher DOH may suggest excess or slow-moving inventory.
In the most recent quarter, as of September 30, 2024, the company had a DOH of 50.04 days, showing an improvement compared to the previous quarter where it was 56.35 days. However, it is worth noting that the DOH has been trending upwards since December 31, 2021, where it was at 46.97 days.
The variation in DOH over the quarters could be attributed to factors such as seasonal demand, supply chain disruptions, changes in production levels, or inventory management strategies. Investors and analysts may want to further investigate the reasons behind these fluctuations to assess the company's operational efficiency and inventory management practices.
Peer comparison
Sep 30, 2024
See also:
Emerson Electric Company Average Inventory Processing Period (Quarterly Data)