Kimberly-Clark Corporation (KMB)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | 7.07 | 6.84 | 6.15 | 5.99 | 6.47 | |
DOH | days | 51.64 | 53.38 | 59.34 | 60.93 | 56.39 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.07
= 51.64
The Days of Inventory on Hand (DOH) for Kimberly-Clark Corporation has shown some fluctuations over the past five years. In December 2020, the DOH was 56.39 days, which increased to 60.93 days by December 2021. In the following year, December 2022, the DOH decreased slightly to 59.34 days. By December 2023, there was a further decrease to 53.38 days, followed by a decrease to 51.64 days by December 2024.
Overall, the trend indicates that Kimberly-Clark Corporation has been able to manage its inventory levels more efficiently in recent years, as evidenced by the declining DOH figures. A decrease in DOH suggests that the company is selling products more quickly or managing inventory levels effectively, which can lead to lower holding costs and improved cash flow. This trend may indicate better inventory management practices within the company, potentially resulting in increased profitability and operational efficiency.
Peer comparison
Dec 31, 2024
See also:
Kimberly-Clark Corporation Average Inventory Processing Period