Koppers Holdings Inc (KOP)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 4.13 | 4.52 | 4.60 | 4.28 | 4.42 | |
| DOH | days | 88.46 | 80.80 | 79.36 | 85.19 | 82.50 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.13
= 88.46
Based on the data provided, Koppers Holdings Inc's Days of Inventory on Hand (DOH) has remained relatively stable over the past five years. The DOH ranged from 79.36 days to 88.46 days during the period from December 31, 2020, to December 31, 2024.
Overall, the company appears to have a moderate level of inventory turnover efficiency, as indicated by the DOH figures hovering around 80 to 90 days. A lower DOH is generally more favorable as it indicates that the company is able to sell its inventory more quickly, resulting in lower storage and holding costs.
It is important for Koppers Holdings Inc to consistently monitor its inventory levels and manage them effectively to ensure optimal utilization of resources while maintaining the ability to meet customer demands. Additionally, the company may want to compare its DOH with industry benchmarks to assess its performance relative to peers and identify areas for improvement in inventory management practices.
Peer comparison
Dec 31, 2024