Service Corporation International (SCI)
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 | 92.91 | 89.00 | 91.72 | 86.53 | 89.53 | 87.37 | 86.30 | 84.04 | 93.07 | 92.43 | 95.44 | 99.81 | 108.74 | 112.03 | 108.61 | 100.45 | 105.93 | 97.28 | 95.04 | 89.20 | |
| DOH | days | 3.93 | 4.10 | 3.98 | 4.22 | 4.08 | 4.18 | 4.23 | 4.34 | 3.92 | 3.95 | 3.82 | 3.66 | 3.36 | 3.26 | 3.36 | 3.63 | 3.45 | 3.75 | 3.84 | 4.09 |
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 some fluctuations over the past few years. The trend indicates a gradual decrease from 4.09 days as of March 31, 2020, reaching a low of 3.26 days by September 30, 2021. Subsequently, there was a slight increase in DOH reaching 4.34 days by March 31, 2023. However, the ratio declined again to 3.93 days by December 31, 2024.
Overall, the company's DOH has been relatively stable within the range of 3.26 to 4.34 days during the period under review. A lower DOH implies efficient management of inventory levels, indicating that the company is able to sell its inventory quickly. However, it is important to monitor any significant fluctuations in the DOH ratio, as it may signal potential issues with inventory management or sales performance.
Peer comparison
Dec 31, 2024