Service Corporation International (SCI)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 92.91 | 89.53 | 93.07 | 108.74 | 105.27 | |
| DOH | days | 3.93 | 4.08 | 3.92 | 3.36 | 3.47 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 92.91
= 3.93
Service Corporation International's days of inventory on hand (DOH) has shown a slight fluctuation over the years based on the provided data.
From December 31, 2020, to December 31, 2021, the DOH decreased from 3.47 days to 3.36 days, indicating a slightly more efficient management of inventory during this period.
However, from December 31, 2021, to December 31, 2022, there was an increase in DOH from 3.36 days to 3.92 days, suggesting a potential increase in inventory levels relative to sales, which may require further analysis to understand the reasons behind this change.
Subsequently, from December 31, 2022, to December 31, 2023, the DOH further increased to 4.08 days, indicating a continued trend of higher days of inventory on hand. This prolonged increase could signify challenges in managing inventory levels optimally or slower inventory turnover rates.
Finally, from December 31, 2023, to December 31, 2024, the DOH slightly decreased to 3.93 days. This reduction may suggest efforts to streamline inventory management processes or adjustments to inventory levels relative to demand.
In conclusion, Service Corporation International's DOH has displayed some variations over the years, indicating fluctuations in inventory management efficiency and inventory turnover rates. Further analysis of the underlying factors driving these changes would provide a more comprehensive understanding of the company's inventory management practices.
Peer comparison
Dec 31, 2024