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.
Peer comparison
Dec 31, 2024