Kaiser Aluminum Corporation (KALU)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 5.34 | 5.77 | 6.26 | 6.03 | 6.54 | |
| DOH | days | 68.35 | 63.22 | 58.34 | 60.53 | 55.84 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.34
= 68.35
The Days of Inventory on Hand (DOH) for Kaiser Aluminum Corporation has shown a fluctuating trend over the period analyzed.
In December 31, 2020, the DOH stood at 55.84 days, indicating that on average, the company held inventory for approximately 55.84 days before it was sold.
By December 31, 2021, the DOH increased to 60.53 days, suggesting that the company held inventory for a slightly longer period before selling it compared to the previous year.
In December 31, 2022, the DOH decreased to 58.34 days, showing a slight improvement in inventory turnover efficiency compared to the previous year.
However, in December 31, 2023, the DOH rose to 63.22 days, signaling a longer inventory holding period compared to the previous year.
By the end of December 31, 2024, the DOH increased further to 68.35 days, indicating a significant increase in the time it takes for Kaiser Aluminum Corporation to sell its inventory.
Overall, the trend suggests some volatility in Kaiser Aluminum Corporation's inventory management efficiency, with fluctuations in the time taken to sell its inventory over the years analyzed. Further analysis and comparison with industry benchmarks may provide insights into the effectiveness of the company's inventory management strategies.
Peer comparison
Dec 31, 2024