Kimberly-Clark Corporation (KMB)
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 | 7.05 | 6.61 | 6.75 | 6.98 | 6.82 | 6.67 | 6.43 | 6.25 | 6.17 | 6.19 | 6.20 | 6.08 | 5.95 | 6.21 | 5.97 | 6.24 | 6.47 | 6.80 | 6.65 | 8.08 | |
| DOH | days | 51.76 | 55.24 | 54.08 | 52.29 | 53.50 | 54.75 | 56.74 | 58.43 | 59.16 | 58.94 | 58.84 | 59.99 | 61.39 | 58.81 | 61.14 | 58.52 | 56.44 | 53.68 | 54.86 | 45.18 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.05
= 51.76
Kimberly-Clark Corporation's days of inventory on hand (DOH) has shown some fluctuations over the past few years. The company's DOH ranged from a low of 45.18 days on March 31, 2020, to a high of 61.39 days on December 31, 2021. Generally, a higher DOH indicates that the company is holding onto its inventory for a longer period, which may tie up resources and increase carrying costs.
From the data provided, it is observed that Kimberly-Clark's DOH has been mostly within a range of approximately 50 to 60 days, with some variations outside this range. There was a slight increase in DOH from 45.18 days on March 31, 2020, to 61.39 days on December 31, 2021. However, there was a subsequent decrease to 51.76 days by December 31, 2024.
The decreasing trend in DOH towards the end of the data period may indicate the company's efforts to manage and optimize its inventory levels efficiently. Lowering DOH can lead to reduced holding costs and improved cash flow, assuming that it does not compromise the company's ability to meet customer demand.
Overall, Kimberly-Clark Corporation's DOH analysis suggests that the company has been actively monitoring and adjusting its inventory levels to strike a balance between meeting customer demand and minimizing holding costs.
Peer comparison
Dec 31, 2024
See also:
Kimberly-Clark Corporation Average Inventory Processing Period (Quarterly Data)