International Paper (IP)
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 | 7.80 | 8.15 | 8.46 | 8.11 | 7.58 | 7.27 | 7.59 | 7.71 | 7.80 | 7.66 | 8.03 | 8.78 | 8.46 | 7.47 | 8.18 | 7.92 | 7.01 | 7.16 | 7.27 | 7.53 | |
| DOH | days | 46.81 | 44.80 | 43.12 | 45.00 | 48.18 | 50.24 | 48.10 | 47.35 | 46.81 | 47.66 | 45.47 | 41.56 | 43.15 | 48.84 | 44.60 | 46.10 | 52.06 | 50.94 | 50.21 | 48.44 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.80
= 46.81
The days of inventory on hand (DOH) for International Paper have shown some fluctuations over the past few years. The trend indicates a slight increase in DOH from March 2020 to December 2021, with the metric peaking at 52.06 days. However, starting from March 2022, the DOH began to decline steadily, reaching its lowest point of 41.56 days by the end of that quarter.
Subsequently, there was a slight uptick in DOH in the following quarters, with some fluctuations observed through 2024. Despite some variability, the DOH generally stayed within the range of 43 to 50 days during this period.
Overall, the trend in DOH suggests that International Paper has successfully managed its inventory levels, demonstrating efficiency in managing its stock and turning it over into sales within a reasonable timeframe. It is important for the company to continue monitoring and optimizing its inventory management practices to ensure efficient working capital utilization and operational excellence.
Peer comparison
Dec 31, 2024