National Presto Industries Inc (NPK)
Days of inventory on hand (DOH)
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 1.26 | 1.12 | 1.09 | 1.23 | 1.35 | 1.44 | 1.62 | 1.68 | 1.74 | 1.75 | 1.41 | 1.74 | 1.85 | 2.03 | 1.91 | 1.99 | 1.99 | 1.98 | 1.93 | 1.86 | |
| DOH | days | 290.63 | 326.88 | 335.66 | 297.52 | 271.11 | 253.81 | 225.25 | 216.66 | 209.71 | 208.37 | 258.99 | 209.28 | 197.63 | 180.21 | 191.06 | 183.36 | 183.39 | 184.73 | 189.52 | 196.38 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.26
= 290.63
The days of inventory on hand (DOH) for National Presto Industries Inc have exhibited some fluctuations over the past few quarters. The DOH indicates how many days a company takes, on average, to sell its inventory.
From June 30, 2020, to December 31, 2021, the DOH ranged between 180 and 197 days, showing relatively stable inventory management. However, a significant increase to 258.99 days was observed by September 30, 2022, indicating a potential buildup of inventory.
The trend continued with further increases, reaching a peak of 335.66 days by September 30, 2024, suggesting a prolonged period for National Presto Industries Inc to sell its inventory. This extended DOH could lead to increased holding costs, potential obsolescence, or reduced liquidity due to tied-up capital.
The subsequent decrease in DOH to 290.63 days by March 31, 2025, may indicate efforts to streamline inventory management. Monitoring this ratio going forward will be crucial to assess the company's efficiency in managing its inventory levels and overall operational performance.
Peer comparison
Mar 31, 2025