Hayward Holdings Inc (HAYW)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 2.41 | 2.40 | 2.53 | 3.20 | 3.29 | |
| DOH | days | 151.70 | 152.36 | 144.38 | 114.22 | 110.86 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.41
= 151.70
Hayward Holdings Inc's Days of Inventory on Hand (DOH) has shown a trend of increasing from 110.86 days as of December 31, 2020, to 114.22 days as of December 31, 2021, further rising to 144.38 days as of December 31, 2022, and 152.36 days as of December 31, 2023. By December 31, 2024, the DOH decreased slightly to 151.70 days. This increasing trend in DOH indicates that Hayward Holdings Inc is holding inventory for a longer period before selling it, which may suggest potential concerns regarding inventory management efficiency, storage costs, or potential obsolescence risks. Further analysis of the company's inventory turnover and production processes may be necessary to understand the implications of these fluctuations in DOH.
Peer comparison
Dec 31, 2024