Sealed Air Corporation (SEE)
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 | 5.26 | 4.74 | 4.77 | 4.89 | 4.99 | 4.62 | 4.11 | 4.03 | 4.47 | 4.10 | 4.27 | 4.66 | 5.31 | 5.01 | 4.85 | 5.18 | 5.52 | 5.15 | 5.08 | 5.74 | |
| DOH | days | 69.38 | 77.06 | 76.44 | 74.62 | 73.11 | 78.95 | 88.88 | 90.65 | 81.73 | 89.08 | 85.55 | 78.41 | 68.75 | 72.84 | 75.28 | 70.51 | 66.12 | 70.92 | 71.88 | 63.57 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.26
= 69.38
Sealed Air Corporation's days of inventory on hand (DOH) fluctuated over the period from March 31, 2020, to December 31, 2024. The DOH provides insight into how efficiently the company manages its inventory.
The trend in Sealed Air Corporation's DOH indicates that inventory holding periods increased from around 63 days in March 2020 to approximately 78 days by March 2022. This suggests a potential issue with inventory management efficiency during this period.
However, there was a slight decline in DOH from March 2022 to September 2023, where it decreased to around 79 days. This improvement indicates a possible effort by the company to optimize inventory levels during this period.
In the later quarters, the DOH trend fluctuated around the mid-70s days range, indicating a relatively stable inventory management performance. Sealed Air Corporation could benefit from further monitoring and adjustments to maintain an optimal level of inventory to support its operations effectively.
Peer comparison
Dec 31, 2024