Kimberly-Clark Corporation (KMB)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 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 | 6.94 | 7.07 | 6.82 | 6.84 | |
| DOH | days | 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 | 52.60 | 51.60 | 53.48 | 53.37 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.82
= 53.50
The days of inventory on hand (DOH) for Kimberly-Clark Corp. over the past eight quarters have shown a slight fluctuation in values. The trend indicates that the company has been able to efficiently manage its inventory levels. In the most recent quarter, Q4 2023, the DOH decreased to 53.26 days compared to the previous quarter, Q3 2023, where it was at 54.63 days. This reduction suggests that the company may have improved its inventory management practices or experienced an increase in sales relative to its inventory levels. Overall, the DOH values have remained relatively consistent, indicating that Kimberly-Clark Corp. is effectively controlling its inventory turnover and maintaining optimal inventory levels to support its operations.
Peer comparison
Dec 31, 2023
See also:
Kimberly-Clark Corporation Average Inventory Processing Period (Quarterly Data)