Metallus, Inc (MTUS)
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 | 4.49 | 4.79 | 5.55 | 4.90 | 5.16 | 4.52 | 4.37 | 4.88 | 6.25 | 5.95 | 4.54 | 4.84 | 5.05 | 4.55 | 4.32 | 3.98 | 4.57 | 4.95 | 4.51 | 4.56 | |
DOH | days | 81.34 | 76.26 | 65.77 | 74.49 | 70.77 | 80.72 | 83.49 | 74.78 | 58.37 | 61.34 | 80.46 | 75.43 | 72.32 | 80.22 | 84.47 | 91.77 | 79.88 | 73.71 | 80.87 | 80.13 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.49
= 81.34
The days of inventory on hand (DOH) for Metallus, Inc have shown some fluctuations over the periods indicated in the data provided.
From March 31, 2020, to June 30, 2020, the DOH increased slightly from 80.13 days to 80.87 days. Thereafter, the DOH decreased to 73.71 days by September 30, 2020, before rising again to 79.88 days by December 31, 2020.
The trend continued with a significant increase in DOH to 91.77 days by March 31, 2021, followed by fluctuations between 80.22 and 84.47 days up to June 30, 2021. By the end of December 31, 2021, the DOH decreased to 72.32 days, showing a downward trend.
Subsequently, there was a slight increase in DOH to 75.43 days by March 31, 2022, followed by a peak of 80.46 days by June 30, 2022. The DOH decreased significantly to 61.34 days by September 30, 2022, indicating a more efficient management of inventory levels. This trend continued with the DOH remaining at relatively low levels around 58 to 76 days until September 30, 2024.
Overall, the downward trend in DOH from September 30, 2022, onwards suggests that Metallus, Inc has been effectively managing its inventory levels to improve efficiency and optimize capital allocation. Further analysis would be needed to assess the specific strategies implemented by the company to achieve these results and sustain optimal inventory management.
Peer comparison
Dec 31, 2024