Metallus, Inc (MTUS)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		4.49	5.16	6.25	5.04	4.57
DOH	days	81.34	70.77	58.37	72.42	79.89

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.49
= 81.34

The days of inventory on hand (DOH) for Metallus, Inc has shown some fluctuations over the years based on the data provided.

1. As of December 31, 2020, the company had 79.89 days of inventory on hand, indicating that it took approximately 79.89 days for the company to sell its entire inventory.

2. By December 31, 2021, the DOH decreased to 72.42 days, suggesting that the company was able to turn over its inventory more quickly compared to the previous year.

3. The trend continued in 2022, with the DOH further decreasing to 58.37 days, signaling that the company managed its inventory more efficiently and improved its inventory turnover rate.

4. However, by December 31, 2023, the DOH increased to 70.77 days, indicating that the company took longer to sell its inventory compared to the previous year.

5. Finally, as of December 31, 2024, the DOH increased further to 81.34 days, showing a significant jump from the previous year and suggesting potential challenges in managing inventory levels and turnover.

Overall, the trend in Metallus, Inc's DOH reflects fluctuations in inventory management efficiency over the years, with some improvements in certain periods and potential challenges in others. Monitoring and analyzing this metric can provide insights into the company's operations and potential areas for improvement in inventory management practices.