TechnipFMC PLC (FTI)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | 6.13 | 5.45 | 5.58 | 5.41 | 4.33 | |
DOH | days | 59.55 | 66.98 | 65.38 | 67.50 | 84.38 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.13
= 59.55