Sealed Air Corporation (SEE)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 5.22 | 4.97 | 4.47 | 5.31 | 5.52 | |
| DOH | days | 69.97 | 73.45 | 81.73 | 68.75 | 66.12 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.22
= 69.97
Sealed Air Corporation's days of inventory on hand (DOH) has shown fluctuations over the past five years.
As of December 31, 2020, the company had 66.12 days of inventory on hand, which increased to 68.75 days by December 31, 2021. This uptick continued the following year, with DOH reaching 81.73 days as of December 31, 2022.
However, there was a slight decrease in DOH to 73.45 days by December 31, 2023. Subsequently, as of December 31, 2024, the DOH improved to 69.97 days, showing a moderation in inventory holding period.
The fluctuations in Sealed Air Corporation's DOH indicate changes in the efficiency of inventory management over the years, potentially impacted by factors such as demand variability, production efficiency, and supply chain dynamics. Further analysis and comparison with industry benchmarks may provide insights into the company's inventory management effectiveness.
Peer comparison
Dec 31, 2024