Silgan Holdings Inc (SLGN)
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 | 5.22 | 6.14 | 4.83 | 5.13 | 5.31 | 5.55 | 4.19 | 5.06 | 6.97 | 6.31 | 4.07 | 4.86 | 5.96 | 5.98 | 4.83 | 5.36 | 5.98 | 5.78 | 4.63 | 5.39 | |
| DOH | days | 69.95 | 59.44 | 75.56 | 71.17 | 68.74 | 65.81 | 87.14 | 72.18 | 52.36 | 57.89 | 89.62 | 75.11 | 61.27 | 61.01 | 75.53 | 68.11 | 60.99 | 63.16 | 78.83 | 67.73 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.22
= 69.95
The Days of Inventory on Hand (DOH) is a measure that indicates how many days, on average, a company holds its inventory before selling it. A lower DOH value generally suggests efficient inventory management, while a higher value may indicate slower inventory turnover or potential liquidity issues.
Analyzing the DOH trend for Silgan Holdings Inc from March 31, 2020, to December 31, 2024, reveals fluctuations in inventory management efficiency. The company's DOH ranged from a low of 52.36 days on December 31, 2022, to a high of 89.62 days on June 30, 2022.
The trend shows variations in inventory holding periods, with periods of improvement followed by increases in inventory days. For instance, the DOH decreased to 52.36 days by the end of 2022, indicating efficient inventory turnover. However, by June 30, 2022, the DOH surged to 89.62 days, signaling a potential buildup of excess inventory.
Overall, the fluctuating trend in Silgan Holdings Inc's DOH suggests the need for continual monitoring of inventory levels and management practices to maintain optimal inventory turnover and ensure efficient working capital utilization.
Peer comparison
Dec 31, 2024