Silgan Holdings Inc (SLGN)
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 | 1.19 | 6.97 | 5.96 | 5.98 | |
| DOH | days | 69.95 | 306.17 | 52.36 | 61.27 | 60.99 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.22
= 69.95
The days of inventory on hand (DOH) for Silgan Holdings Inc have fluctuated over the years as follows:
- As of December 31, 2020, the DOH was 60.99 days, indicating that Silgan Holdings held approximately two months' worth of inventory on hand.
- By December 31, 2021, the DOH slightly increased to 61.27 days, showing a marginal uptick in the number of days of inventory held by the company.
- The DOH significantly decreased to 52.36 days as of December 31, 2022, implying that Silgan Holdings managed its inventory more efficiently that year.
- There was a notable spike in the DOH to 306.17 days by December 31, 2023, which could suggest inventory management challenges or potential discrepancies in recording inventory levels.
- The DOH decreased to 69.95 days by December 31, 2024, which could indicate improvements in managing inventory levels compared to the previous year.
Overall, the trend in Silgan Holdings Inc’s DOH reflects variability in inventory management effectiveness, with notable fluctuations in inventory turnover efficiency over the years, potentially indicating changes in operational performance or supply chain dynamics.
Peer comparison
Dec 31, 2024