Quaker Chemical Corporation (KWR)
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 | 7.34 | 6.82 | 7.08 | 7.18 | 7.54 | 7.68 | 7.01 | 6.59 | 6.72 | 5.66 | 5.62 | 5.66 | 6.19 | 6.19 | 6.16 | 6.65 | 7.38 | 8.32 | 8.21 | 7.40 | |
| DOH | days | 49.72 | 53.48 | 51.55 | 50.85 | 48.43 | 47.55 | 52.06 | 55.37 | 54.31 | 64.50 | 65.00 | 64.48 | 58.97 | 58.95 | 59.25 | 54.92 | 49.46 | 43.89 | 44.47 | 49.30 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.34
= 49.72
The days of inventory on hand (DOH) for Quaker Chemical Corporation have shown some fluctuations over the past few years. From March 31, 2020, to June 30, 2021, the DOH increased steadily from 49.30 days to 59.25 days, indicating that the company was holding inventory for a longer period. Subsequently, from March 31, 2022, to September 30, 2024, the DOH fluctuated within a range of 50 to 65 days, suggesting some variability in the management of inventory levels.
There was a noticeable decrease in DOH from September 30, 2023, to December 31, 2024, dropping from 47.55 days to 49.72 days. This reduction indicates a potential improvement in inventory management efficiency or a strategic decision to reduce excess inventory levels during this period.
Overall, the trend in the DOH metric for Quaker Chemical Corporation suggests a mix of inventory management strategies and fluctuations in inventory turnover rates over the analyzed period. Further analysis and comparison with industry standards may help in assessing the company's effectiveness in managing its inventory levels.
Peer comparison
Dec 31, 2024