Sylvamo Corp (SLVM)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Inventory turnover		7.85	8.10	9.02
DOH	days	46.52	45.04	40.46

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.85
= 46.52

The days of inventory on hand (DOH) for Sylvamo Corp have shown a decreasing trend over the past four years, indicating improved efficiency in managing inventory levels. The company was able to reduce its DOH from 59.41 days in 2020 to 52.50 days in 2023. This suggests that Sylvamo is holding less inventory on average, which could lead to lower holding costs, reduced risk of obsolescence, and improved cash flow. Overall, the decreasing trend in DOH reflects positively on Sylvamo Corp's inventory management practices and efficiency in turning inventory into sales.

Peer comparison

Dec 31, 2023

Company name

Symbol

DOH

Sylvamo Corp

SLVM

46.52