Stanley Black & Decker Inc (SWK)
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 | 2.39 | 2.35 | 2.44 | 2.46 | 2.50 | 2.50 | 2.40 | 2.23 | 2.16 | 1.83 | 1.71 | 1.74 | 1.91 | 2.69 | 2.91 | 3.22 | 3.49 | 3.22 | 3.34 | 3.76 | |
DOH | days | 152.83 | 155.19 | 149.32 | 148.58 | 145.98 | 145.94 | 152.34 | 163.72 | 168.94 | 199.87 | 213.17 | 209.25 | 190.74 | 135.78 | 125.33 | 113.46 | 104.44 | 113.21 | 109.38 | 97.14 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.39
= 152.83
The days of inventory on hand (DOH) for Stanley Black & Decker Inc have shown a fluctuating trend over the period analyzed. The DOH increased from 97.14 days on March 31, 2020, to a peak of 213.17 days on June 30, 2022. However, there was a gradual decline thereafter, reaching 145.94 days on September 30, 2023.
During the latter half of 2023 and the beginning of 2024, the DOH remained relatively stable around the 145 to 150-day range, indicating a reasonable level of inventory management efficiency. The DOH on December 31, 2024, stood at 152.83 days, slightly higher than the levels observed in the previous quarters.
Overall, the company experienced significant fluctuations in its DOH, which may suggest varying inventory management practices or changes in demand patterns during the period under review. Further analysis of the reasons behind these fluctuations would be necessary to assess the effectiveness of Stanley Black & Decker Inc's inventory management strategies.
Peer comparison
Dec 31, 2024