Sylvamo Corp (SLVM)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 7.96 | 6.98 | 7.05 | 7.23 | 7.11 | 5.98 | 5.66 | 5.31 | 7.28 | 7.91 | 8.46 | 6.18 | 6.43 | 5.99 | 5.80 | 6.16 | 6.14 | |
| DOH | days | 45.88 | 52.28 | 51.78 | 50.51 | 51.31 | 61.01 | 64.51 | 68.71 | 50.15 | 46.15 | 43.12 | 59.10 | 56.79 | 60.98 | 62.93 | 59.24 | 59.41 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.96
= 45.88
The Days of Inventory on Hand (DOH) ratio for Sylvamo Corp, which measures how many days worth of inventory the company holds, fluctuated over the reporting periods.
From December 31, 2020, to June 30, 2022, the company saw a decreasing trend in its DOH, indicating that it was managing its inventory efficiently during this period. This trend suggests that Sylvamo Corp was selling its products quickly without holding excessive inventory, which can tie up capital.
However, from March 31, 2022, to March 31, 2024, there were fluctuations in the DOH ratio, with some periods showing an increase in days of inventory on hand. This could be a sign of inventory management challenges, potentially leading to higher carrying costs or obsolete inventory issues.
From September 30, 2024, to December 31, 2024, there was a slight decrease in DOH, indicating that the company may have improved its inventory management during this time.
Overall, Sylvamo Corp should continue to monitor and possibly optimize its inventory levels to maintain a balance between meeting customer demand and avoiding inventory holding costs.
Peer comparison
Dec 31, 2024