Mativ Holdings Inc. (MATV)
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 | 4.55 | 4.52 | 4.63 | 5.08 | 5.35 | 5.65 | 4.22 | 3.65 | 3.23 | 3.10 | 4.54 | 4.47 | 4.28 | 3.81 | 3.63 | 4.54 | 4.26 | 4.25 | 4.18 | 4.58 | |
| DOH | days | 80.16 | 80.70 | 78.76 | 71.78 | 68.24 | 64.63 | 86.59 | 100.07 | 112.87 | 117.63 | 80.48 | 81.73 | 85.35 | 95.82 | 100.61 | 80.45 | 85.62 | 85.95 | 87.38 | 79.76 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.55
= 80.16
The days of inventory on hand (DOH) for Mativ Holdings Inc. fluctuated over the period from March 31, 2020, to December 31, 2024.
The company started with a DOH of 79.76 days on March 31, 2020, and saw gradual increases in inventory holding periods until June 30, 2021, when it peaked at 100.61 days. This could indicate potential issues such as overstocking or slow-moving inventory during this period.
Subsequently, there was a slight decrease in DOH to 80.48 days by June 30, 2022, before a significant spike to 117.63 days on September 30, 2022. Such a sharp increase might suggest inefficiencies in inventory management or difficulties in sales forecasting during that quarter.
However, the company managed to lower its DOH to 64.63 days by September 30, 2023, which could signal improvements in inventory turnover and efficiency. The trend continued with further reductions in DOH to 68.24 days by December 31, 2023, and 71.78 days by March 31, 2024.
By June 30, 2024, the DOH increased slightly to 78.76 days, followed by another marginal rise to 80.70 days on September 30, 2024, and a marginal drop to 80.16 days by December 31, 2024. Overall, fluctuations in DOH highlight potential challenges in managing inventory levels effectively and efficiently at Mativ Holdings Inc. It is essential for the company to monitor and possibly optimize its inventory management practices to maintain a healthy balance between inventory levels and operational efficiency.
Peer comparison
Dec 31, 2024