Pentair PLC (PNR)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 5.40 | 4.92 | 4.52 | 5.42 | 5.94 | |
| DOH | days | 67.55 | 74.18 | 80.80 | 67.38 | 61.45 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.40
= 67.55
The days of inventory on hand (DOH) for Pentair PLC have shown a fluctuating trend over the past five years. Starting at 61.45 days as of December 31, 2020, the DOH increased to 67.38 days by December 31, 2021. Subsequently, there was a notable rise to 80.80 days by December 31, 2022, indicating a prolonged inventory holding period.
However, there was a decrease in the DOH to 74.18 days by December 31, 2023, followed by a further decline to 67.55 days by December 31, 2024. These reductions in inventory holding periods in the latter years may suggest improvements in inventory management efficiency.
Overall, Pentair PLC's DOH has experienced fluctuations, which could be influenced by factors such as demand variability, supply chain management effectiveness, and inventory control policies. Further analysis would be necessary to determine the specific reasons behind these changes and their implications for the company's operations and financial performance.
Peer comparison
Dec 31, 2024