Graphic Packaging Holding Company (GPK)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 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 | 4.39 | 4.52 | 4.77 | 4.70 | 4.83 | 4.92 | 4.99 | 5.26 | 5.27 | 5.06 | 4.84 | 4.88 | 5.29 | 5.45 | 5.09 | 4.84 | 4.61 | 4.33 | 4.47 | 4.62 | |
| DOH | days | 83.15 | 80.70 | 76.56 | 77.73 | 75.64 | 74.25 | 73.14 | 69.40 | 69.29 | 72.15 | 75.34 | 74.77 | 69.06 | 67.01 | 71.75 | 75.41 | 79.20 | 84.22 | 81.71 | 78.94 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.39
= 83.15
Graphic Packaging Holding Company's days of inventory on hand (DOH) has exhibited some fluctuations over the years. The trend shows some variability from 2019 to 2024, with a peak of around 84.22 days in June 2020 and a low of approximately 67.01 days in June 2021. Overall, the company's DOH has ranged between approximately 67 to 84 days during this period.
It is worth noting that a higher DOH indicates that the company may be holding onto inventory for a longer period, which could tie up capital and increase carrying costs. Conversely, a lower DOH may suggest efficient inventory management but could also potentially lead to stockouts and disruptions in production.
Analyzing Graphic Packaging Holding Company's DOH over time alongside other financial metrics can provide insights into the company's inventory management efficiency, operational performance, and financial health. Further analysis and comparison with industry benchmarks or competitors would be beneficial in gaining a more comprehensive understanding of the company's inventory management practices.
Peer comparison
Dec 31, 2024