PPG Industries Inc (PPG)
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 | 5.17 | 4.72 | 4.68 | 4.61 | 5.05 | 4.89 | 4.35 | 4.23 | 4.88 | 4.63 | 4.46 | 4.41 | 4.74 | 4.33 | 4.06 | 4.23 | 4.48 | 4.63 | 4.63 | 4.57 | |
| DOH | days | 70.55 | 77.40 | 77.98 | 79.23 | 72.25 | 74.67 | 83.87 | 86.29 | 74.74 | 78.82 | 81.75 | 82.80 | 77.04 | 84.33 | 90.01 | 86.24 | 81.43 | 78.77 | 78.79 | 79.94 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.17
= 70.55
The Days of Inventory on Hand (DOH) for PPG Industries Inc has shown some fluctuations over the last few years. The data indicates that as of December 31, 2024, PPG Industries Inc had an average of 70.55 days of inventory on hand, which decreased from 77.40 days as of September 30, 2024. This reduction in DOH suggests that the company may be managing its inventory more efficiently, possibly through improved inventory management practices such as better demand forecasting or inventory turnover.
However, it is important to note that inventory levels can fluctuate for various reasons, including changes in demand, production capacity, or supply chain disruptions. Hence, monitoring DOH over time is crucial to assess the company's inventory management effectiveness and operational performance. Additionally, comparing these figures with industry benchmarks or historical data from competitors can provide further insights into PPG Industries Inc's inventory management efficiency.
Peer comparison
Dec 31, 2024