Olin Corporation (OLN)

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 7.07 6.93 6.51 6.88 6.60 5.96 5.80 6.27 7.64 7.83 7.65 7.70 7.62 7.59 8.01 7.98 7.97 8.53 8.46 8.19
DOH days 51.63 52.64 56.03 53.06 55.31 61.20 62.94 58.26 47.79 46.61 47.68 47.41 47.90 48.11 45.56 45.72 45.82 42.80 43.14 44.57

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.07
= 51.63

The days of inventory on hand (DOH) for Olin Corporation have shown some fluctuations over the past years. From March 31, 2020, to December 31, 2024, the DOH ranged from a low of 42.80 days to a high of 62.94 days.

Overall, the trend indicates that the company has been able to manage its inventory levels quite efficiently with the DOH staying within a reasonable range. There was a slight increase in DOH towards the end of 2023 and into 2024, which may suggest a need for closer monitoring of inventory levels to avoid any potential issues such as excess inventory or slowing sales.

It's important for Olin Corporation to strike a balance between having enough inventory to meet customer demand while avoiding excessive holding costs associated with carrying too much inventory. Regular monitoring and adjustments to inventory management practices in response to changing market conditions can help optimize the DOH metric and improve overall operational efficiency for the company.