Interpublic Group of Companies Inc (IPG)
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 | — | 19.42 | — | — | 3.10 | 21.10 | 19.62 | — | 1,539.51 | 561.71 | 507.11 | 286.24 | 1,022.90 | 2,288.63 | 1,666.63 | 1,652.44 | 9,636.75 | 402.67 | 315.18 | 502.94 | |
| DOH | days | — | 18.79 | — | — | 117.90 | 17.30 | 18.60 | — | 0.24 | 0.65 | 0.72 | 1.28 | 0.36 | 0.16 | 0.22 | 0.22 | 0.04 | 0.91 | 1.16 | 0.73 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) is a measure that indicates how many days, on average, a company holds its inventory before selling it. Looking at the trend for Interpublic Group of Companies Inc over the past few quarters, we observe fluctuations in the DOH metric.
As of December 31, 2020, the company was holding inventory for only 0.04 days, suggesting a very efficient inventory turnover. However, in the following quarters, the DOH increased slightly, reaching 0.72 days by June 30, 2022. This could indicate a slower turnover of inventory during this period.
A significant spike in DOH occurred in the fourth quarter of 2023, with the metric soaring to 117.90 days. Such a substantial increase in the days of inventory on hand could signify issues with inventory management or potential challenges in selling products promptly.
Subsequently, the data for the first quarter of 2024 and the second quarter of 2024 are not available, as indicated by the "— days" entries. These missing entries could imply data reporting issues or changes in the company's disclosure practices.
Overall, the fluctuations in Interpublic Group of Companies Inc's days of inventory on hand highlight potential shifts in inventory management efficiency and inventory turnover rates. It would be important for the company to closely monitor and manage its inventory levels to ensure optimal operations and financial performance.
Peer comparison
Dec 31, 2024