Matson Inc (MATX)
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 | — | — | 92.93 | 95.59 | 109.81 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DOH | days | — | — | 3.93 | 3.82 | 3.32 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) ratio for Matson Inc has shown some variability over the years based on the provided data. As of December 31, 2023, the company held inventory for approximately 3.32 days before selling it, indicating efficient inventory management. This improved further by March 31, 2024, to 3.82 days and slightly increased to 3.93 days by June 30, 2024.
However, there is missing data for some quarters in 2020, 2021, and 2022, which makes it challenging to track the trend accurately during those periods. It is essential to have consistent information to assess the effectiveness of the company's inventory management practices.
Overall, the trend in the days of inventory on hand ratio for Matson Inc suggests that the company has been able to maintain relatively low levels of inventory relative to its sales, which is generally considered a positive indicator of efficient inventory management. Further analysis in conjunction with other financial metrics would provide a more comprehensive understanding of the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024