The Mosaic Company (MOS)
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 | 4.01 | 3.53 | 4.32 | 4.39 | 4.80 | 5.33 | 4.38 | 4.35 | 3.95 | 3.47 | 3.24 | 3.10 | 3.53 | 3.96 | 3.87 | 3.57 | 2.83 | 2.05 | 0.72 | 0.61 | |
| DOH | days | 90.98 | 103.41 | 84.49 | 83.08 | 76.05 | 68.54 | 83.43 | 83.82 | 92.33 | 105.16 | 112.57 | 117.58 | 103.45 | 92.10 | 94.42 | 102.27 | 129.08 | 178.22 | 507.84 | 599.66 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.01
= 90.98
The days of inventory on hand (DOH) for The Mosaic Company have exhibited a fluctuating trend over the past few years. Starting at 599.66 days as of March 31, 2020, the DOH decreased to 507.84 days by June 30, 2020, marking a significant reduction. Subsequently, the DOH continued to decline, reaching 92.10 days by September 30, 2021, suggesting more efficient management of inventory levels.
However, there was a slight uptick to 117.58 days by March 31, 2022, indicating a potential buildup of inventory. The trend reversed again as the DOH decreased to 68.54 days by September 30, 2023, highlighting a more streamlined inventory management process. Yet, there was a subsequent increase to 103.41 days by September 30, 2024, indicating a potential need for closer monitoring of inventory levels.
Overall, the fluctuations in The Mosaic Company's DOH suggest a mix of inventory management strategies employed throughout the period under review. It is essential for the company to strike a balance between maintaining sufficient inventory levels to meet demand and avoiding excess inventory that may tie up resources. Continued monitoring and adjustment of inventory practices can help optimize working capital efficiency and enhance overall operational performance.
Peer comparison
Dec 31, 2024
See also:
The Mosaic Company Average Inventory Processing Period (Quarterly Data)