Roper Technologies, Inc. (ROP)

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		17.89	15.93	15.36	15.23	15.77	14.78	14.85	14.67	14.55	15.51	16.42	7.25	22.07	6.86	5.76	6.48	8.41	6.95	7.32	7.78
DOH	days	20.40	22.92	23.76	23.96	23.14	24.69	24.58	24.87	25.09	23.53	22.23	50.34	16.54	53.20	63.41	56.32	43.39	52.53	49.85	46.90

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 17.89
= 20.40

The days of inventory on hand (DOH) for Roper Technologies, Inc. have fluctuated over the periods provided. The trend indicates some variability in managing inventory levels.

In March 2020, Roper had approximately 46.90 days of inventory on hand, which increased to 63.41 days by June 2021, reflecting a substantial increase in inventory holding period. However, this trend reversed by December 2021, with the company significantly reducing its DOH to 16.54 days. This sudden reduction could suggest more efficient inventory management practices.

Subsequently, there was an upward trend in DOH reaching 25.09 days by December 2022. This increase may indicate a buildup of inventory levels possibly due to changing market conditions or production constraints.

From March 2023 to December 2024, the DOH remained relatively stable around the 20-25 days range, indicating a consistent inventory management strategy during this period.

Overall, Roper Technologies appears to have made adjustments to its inventory management over the years, optimizing inventory levels to align with business needs and market conditions. However, it is essential for the company to strike a balance between efficient inventory management and avoiding stockouts or excess inventory.