WW Grainger Inc (GWW)
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 | 4.51 | 4.74 | 4.69 | 4.63 | 4.41 | 4.48 | 4.37 | 4.25 | 4.16 | 4.44 | 4.47 | 4.45 | 4.44 | 4.54 | 4.65 | 4.58 | 4.36 | 4.16 | 4.32 | 4.50 | |
| DOH | days | 80.85 | 77.00 | 77.83 | 78.77 | 82.86 | 81.42 | 83.53 | 85.87 | 87.68 | 82.26 | 81.72 | 82.11 | 82.22 | 80.38 | 78.55 | 79.71 | 83.68 | 87.68 | 84.59 | 81.14 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.51
= 80.85
The Days of Inventory on Hand (DOH) for WW Grainger Inc has shown some fluctuations over the time period analyzed. The trend indicates a general stability with occasional variations in the number of days it takes for the company to sell its inventory.
From March 31, 2020, to June 30, 2021, the DOH ranged between 78 and 87 days, with a slight downward trend in the first half of the period followed by a slight increase in the latter half. This indicates that the company was able to manage its inventory efficiently during this time.
In the period from June 30, 2021, to December 31, 2024, the DOH ranged between 77 and 87 days, showing relative stability with some minor fluctuations. The company maintained its inventory turnover within a certain range, which suggests a consistent approach to managing inventory levels.
Overall, the average DOH for WW Grainger Inc over the period analyzed is around 81 days. This indicates that, on average, the company holds approximately 81 days' worth of inventory on hand. A lower number of days indicates efficient inventory turnover, while a higher number may suggest excess inventory or potential issues related to managing inventory levels.
Further analysis of the company's operational efficiency and supply chain management practices would provide a more holistic view of how WW Grainger Inc manages its inventory and how it impacts the company's overall financial performance.