Regal Beloit Corporation (RRX)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.13 | 3.28 | 2.65 | 2.46 | 3.04 | |
| DOH | days | 116.59 | 111.17 | 137.53 | 148.25 | 120.08 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.13
= 116.59
The days of inventory on hand (DOH) for Regal Beloit Corporation has shown variations over the past five years.
Starting at 120.08 days as of December 31, 2020, the DOH increased to 148.25 days by December 31, 2021. This significant jump indicates that the company may have held inventory for a longer period in 2021 compared to 2020.
However, there was a slight decrease in DOH to 137.53 days by December 31, 2022. This could suggest that Regal Beloit may have managed its inventory more efficiently that year, reducing the number of days it takes to sell its inventory.
By December 31, 2023, the DOH decreased further to 111.17 days, indicating a faster turnover of inventory compared to the previous year. This reduction may be a positive sign of improved inventory management practices.
In the most recent year available, December 31, 2024, the DOH increased slightly to 116.59 days. While still lower than the levels seen in 2021 and 2022, this uptick may warrant further analysis to understand the factors influencing inventory holding periods in that year.
Overall, fluctuations in Regal Beloit Corporation's DOH can provide insights into the company's inventory management efficiency and potential impacts on cash flow and profitability. Monitoring trends in DOH can be crucial for assessing the effectiveness of inventory control strategies and overall operational performance.
Peer comparison
Dec 31, 2024