The Mosaic Company (MOS)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.77 | 4.55 | 3.77 | 3.34 | 4.38 | |
| DOH | days | 96.78 | 80.19 | 96.73 | 109.27 | 83.34 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.77
= 96.78
The Days of Inventory on Hand (DOH) for The Mosaic Company has shown some fluctuations over the years. Starting at 83.34 days on December 31, 2020, the DOH increased to 109.27 days by December 31, 2021, indicating the company held inventory for a longer period.
By December 31, 2022, the DOH decreased to 96.73 days, but then decreased further to 80.19 days by December 31, 2023. This reduction suggests potential efficiency in managing and selling inventory during that period.
However, by December 31, 2024, the DOH rose again to 96.78 days, indicating an increase in the time it takes for the company to convert its inventory into sales. Overall, while there have been fluctuations, monitoring inventory management practices and trends in DOH could be crucial for improving operational efficiency and working capital management at The Mosaic Company.
Peer comparison
Dec 31, 2024