Transdigm Group Incorporated (TDG)
Days of inventory on hand (DOH)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 1.74 | 1.70 | 1.75 | 1.93 | 1.91 | |
| DOH | days | 209.53 | 215.03 | 208.66 | 189.29 | 190.67 |
September 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.74
= 209.53
Transdigm Group Incorporated's days of inventory on hand (DOH) have fluctuated over the past five years. In 2024, the company had 209.53 days of inventory on hand, slightly lower than the previous year's 215.03 days. This indicates that the company held its inventory for a shorter period in 2024.
Comparing to 2022 and 2021, there was a slight increase in DOH. In 2022, Transdigm had 208.66 days of inventory on hand, which was higher than the 189.29 days in 2021. This suggests that the company was holding onto its inventory for a longer period in 2022.
However, when comparing 2021 to 2020, there was a small decrease in DOH. In 2021, the company held inventory for 190.67 days, slightly lower than the 190.67 days in 2020.
Overall, the trend in Transdigm's DOH fluctuates, indicating potential changes in the company's inventory management practices and efficiency in managing its inventory levels. Investors and stakeholders may want to closely monitor this metric in the future to assess the company's inventory management performance.