JBTMarel Corp (JBTM)
Days of inventory on hand (DOH)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 2.63 | 2.28 | 4.67 | 4.18 | 4.06 | 4.29 | 4.50 | 5.41 | 5.19 | 3.46 | 4.89 | 3.50 | 4.30 | 4.89 | 5.68 | 5.74 | 5.92 | 5.95 | 6.05 | 5.76 | |
| DOH | days | 138.63 | 160.05 | 78.09 | 87.34 | 89.84 | 85.16 | 81.04 | 67.43 | 70.29 | 105.58 | 74.66 | 104.21 | 84.79 | 74.70 | 64.25 | 63.57 | 61.65 | 61.37 | 60.31 | 63.36 |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.63
= 138.63
The analysis indicates that JBTMarel Corp's Days of Inventory on Hand (DOH) have experienced notable fluctuations over the specified period. Starting from approximately 63.36 days at the end of September 2020, there was a slight decrease to around 60.31 days by December 2020, followed by a modest increase to 61.37 days in March 2021. This pattern persisted with minor variations through September 2021, reaching approximately 63.57 days.
A more significant upward trend is observed from late 2021 onward. By December 2021, DOH slightly increased to 64.25 days, followed by a substantial jump to 74.70 days in March 2022. This upward movement amplified into a pronounced escalation, with DOH rising to 84.79 days in June 2022 and reaching a peak of approximately 104.21 days by September 2022.
In the subsequent period, there was a decline to approximately 74.66 days at the end of 2022, but the upward trend resumed, with DOH reaching around 105.58 days in March 2023. This peak was followed by a decrease to 70.29 days in June 2023, and a slight increase to roughly 67.43 days by September 2023. The pattern continued into December 2023, with DOH climbing again to about 81.04 days, and maintained a similar level at March 2024 (85.16 days). A mild decrease occurred in June 2024 to approximately 89.84 days, with minor fluctuations thereafter, including a slight decline to 87.34 days at September 2024 and 78.09 days at December 2024.
However, a substantial spike is evident in the March 2025 data, where DOH increased sharply to approximately 160.05 days. By June 2025, the figure slightly declined but remained elevated at around 138.63 days.
Overall, the data reflects periods of relative stability in inventory days, interspersed with significant increases, particularly from late 2021 onwards. The sharp rise observed in March 2025 indicates a potential accumulation of inventory or changes in inventory management practices, which could impact the company's working capital and liquidity position if sustained or unexpected.
Peer comparison
Jun 30, 2025