Pitney Bowes Inc (PBI)
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 | 23.11 | 24.32 | 28.92 | 27.80 | 31.34 | 26.65 | 24.54 | 25.20 | 28.89 | 27.77 | 30.45 | 28.63 | 31.87 | 36.29 | 37.44 | 39.00 | 35.81 | 32.24 | 27.57 | 27.40 | |
| DOH | days | 15.80 | 15.01 | 12.62 | 13.13 | 11.65 | 13.69 | 14.88 | 14.49 | 12.64 | 13.14 | 11.99 | 12.75 | 11.45 | 10.06 | 9.75 | 9.36 | 10.19 | 11.32 | 13.24 | 13.32 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 23.11
= 15.80
The Days of Inventory on Hand (DOH) ratio for Pitney Bowes Inc has fluctuated over the past few years, indicating some variability in their inventory management efficiency. From March 31, 2020, to December 31, 2024, the DOH ranged from a low of 9.36 days to a high of 15.80 days.
The company showed improvements in inventory management efficiency from 2020 to 2021, with a decreasing trend in DOH. However, from March 31, 2022, to December 31, 2024, the ratio experienced some volatility, with periods of increase followed by decreases.
The highest DOH values occurred at the end of 2023 and 2024, which could indicate potential challenges in managing inventory levels effectively during those periods. It is essential for Pitney Bowes Inc to monitor and optimize their inventory levels to ensure efficient operations and cost control in the future.