Stanley Black & Decker Inc (SWK)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 2.39 | 2.47 | 2.16 | 1.91 | 3.49 | |
| DOH | days | 152.59 | 148.04 | 168.94 | 190.74 | 104.44 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.39
= 152.59
Analysis of Stanley Black & Decker Inc's Days of Inventory on Hand (DOH) reveals an upward trend from 104.44 days on December 31, 2020, to 190.74 days on December 31, 2021. This increase suggests the company is holding inventory for a longer period, potentially impacting cash flows and tying up capital.
Subsequently, the DOH decreased to 168.94 days on December 31, 2022, before further declining to 148.04 days on December 31, 2023. These reductions may indicate improved inventory management efficiency, leading to better liquidity and potentially lower holding costs for the company.
On December 31, 2024, the DOH slightly increased to 152.59 days, suggesting a moderate uptick in inventory holding periods compared to the prior year. Overall, fluctuations in the DOH figures highlight the importance of closely monitoring and managing inventory levels to optimize working capital and operational efficiency within Stanley Black & Decker Inc.
Peer comparison
Dec 31, 2024