Masco Corporation (MAS)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 6.93 | 6.47 | 6.01 | 5.80 | 6.76 | |
| DOH | days | 52.70 | 56.41 | 60.69 | 62.96 | 54.01 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.93
= 52.70
To analyze Masco Corporation's days of inventory on hand (DOH) over the past five years, we observe a fluctuating trend. In December 2020, the DOH stood at 54.01 days, indicating the number of days it took on average for the company to sell its inventory. By December 2021, the DOH increased to 62.96 days, suggesting a potential buildup of inventory relative to sales demand.
In the following years, Masco managed to reduce its DOH, achieving 60.69 days by December 2022 and further improving to 56.41 days by December 2023. This trend implies better inventory management efficiency, with the company holding inventory for fewer days before sale.
By the end of December 2024, Masco Corporation's DOH decreased even further to 52.70 days, pointing towards enhanced control over inventory levels and potential optimization in supply chain operations.
Overall, the varying DOH figures reflect Masco's efforts to streamline its inventory management processes over the analyzed period, ultimately aiming for improved operational efficiency and cost-effectiveness in inventory control.
Peer comparison
Dec 31, 2024