Fluor Corporation (FLR)
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 | — | — | — | — | — | — | — | — | — | — | — | — | 14.06 | 14.79 | 15.20 | 14.65 | 64.16 | 41.76 | 12.65 | — | |
| DOH | days | — | — | — | — | — | — | — | — | — | — | — | — | 25.95 | 24.68 | 24.02 | 24.92 | 5.69 | 8.74 | 28.85 | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Fluor Corporation's days of inventory on hand (DOH) is a metric that measures the average number of days it takes for the company to sell its inventory. A lower DOH indicates that the company is selling its inventory more quickly, which can be a positive signal of efficiency and effective inventory management.
Analyzing the DOH for Fluor Corporation from the provided data, we observe fluctuations in the metric over the quarters. The company had a significant decrease in DOH from 28.85 days in June 2020 to 5.69 days in December 2020, suggesting a more efficient management of its inventory during that period. However, there was a subsequent increase in DOH to 24.92 days in March 2021, followed by relatively stable levels around 24 to 25 days through September 2021 and December 2021.
From March 2022 onwards, the data shows that DOH values are not available, indicating a lack of information for further analysis of the company's inventory turnover efficiency beyond December 2021.
In conclusion, based on the data provided, it can be inferred that Fluor Corporation made improvements in managing its inventory in late 2020, but the following periods showed fluctuations in inventory turnover. The lack of data for the most recent periods makes it difficult to assess the current status of the company's inventory management efficiency.
Peer comparison
Dec 31, 2024