Enviri Corporation (NVRI)

Based on the data provided, Enviri Corporation's days of inventory on hand (DOH) has varied over the past five years.

As of December 31, 2020, the company had 42.08 days of inventory on hand, indicating that it took approximately 42 days for the company to sell its inventory.

Over the subsequent years, there was a significant decrease in the DOH, with the lowest point being 17.26 days as of December 31, 2021. This suggests that Enviri Corporation was able to manage its inventory more efficiently, possibly through better inventory management practices or improved demand forecasting.

However, there was a slight increase in the DOH in the following years, reaching 19.28 days as of December 31, 2023. This could indicate a change in the company's inventory management strategy or fluctuations in demand.

By December 31, 2024, the DOH had increased to 34.92 days, which may suggest that the company was facing challenges in controlling its inventory levels efficiently.

Overall, the trend in Enviri Corporation's DOH indicates fluctuations in inventory management effectiveness over the years, with improvements initially followed by some deterioration. Further analysis of the company's operations and market conditions would be necessary to fully understand the factors driving these changes.