Nucor Corp (NUE)

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		5.21	5.17	5.07	4.79	4.82	5.19	4.97	5.13	5.32	4.83	4.33	4.34	4.24	4.08	3.95	4.20	5.02	5.54	5.49	5.08
DOH	days	70.01	70.66	71.98	76.14	75.69	70.36	73.38	71.14	68.62	75.52	84.34	84.12	86.18	89.50	92.51	86.91	72.73	65.88	66.44	71.79

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.21
= 70.01

The days of inventory on hand (DOH) for Nucor Corp has shown some fluctuations over the provided periods.

- The DOH decreased from 71.79 days as of March 31, 2020, to 65.88 days as of September 30, 2020, indicating a more efficient management of inventory during that time.
- However, the trend reversed as the DOH increased to 86.91 days by March 31, 2021, reaching its peak at 92.51 days by June 30, 2021, suggesting potential challenges in managing inventory levels effectively.
- Subsequently, there was a slight decrease in DOH by December 31, 2021, followed by fluctuations around the 80-day mark until September 30, 2022.
- From September 30, 2022, to December 31, 2024, the DOH remained relatively stable around 70-75 days, potentially indicating more stable inventory management practices.

Overall, fluctuations in DOH may indicate changes in inventory management efficiency and could be influenced by factors like demand variability, production issues, or supply chain disruptions. Further analysis would be needed to understand the specific drivers behind these changes in Nucor Corp's inventory management.