Linde plc Ordinary Shares (LIN)
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 | 9.79 | 9.19 | 8.68 | 8.23 | 8.27 | 8.42 | 8.88 | 9.29 | 9.83 | 10.75 | 10.66 | 10.36 | 10.12 | 9.86 | 9.56 | 9.20 | 8.90 | 8.93 | 9.16 | 9.69 | |
| DOH | days | 37.26 | 39.73 | 42.06 | 44.37 | 44.13 | 43.37 | 41.11 | 39.29 | 37.12 | 33.94 | 34.25 | 35.25 | 36.06 | 37.02 | 38.20 | 39.67 | 41.02 | 40.85 | 39.85 | 37.66 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 9.79
= 37.26
The days of inventory on hand (DOH) for Linde plc Ordinary Shares, a measure of how long it takes for the company to sell its inventory, has shown a fluctuating trend over the past few years.
From March 31, 2020, to December 31, 2022, the DOH ranged from 33.94 to 41.02 days, indicating some variability in inventory turnover during this period. However, from March 31, 2023, to June 30, 2024, the DOH steadily increased to 44.37 days before slightly declining to 37.26 days by December 31, 2024.
The increase in DOH from 2023 to mid-2024 suggests that Linde plc may be holding inventory for a longer period, which could tie up working capital and impact cash flow. It's essential for the company to closely monitor and manage inventory levels to optimize efficiency and reduce carrying costs.
Overall, the fluctuations in Linde plc's DOH indicate the need for continuous inventory management strategies to strike a balance between having enough stock to meet demand without excessively tying up resources in inventory.
Peer comparison
Dec 31, 2024
See also:
Linde plc Ordinary Shares Average Inventory Processing Period (Quarterly Data)