Taylor Morn Home (TMHC)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		1.38	1.45	1.68	1.50	1.28
DOH	days	264.54	251.65	217.27	243.15	285.23

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.38
= 264.54

The Days of Inventory on Hand (DOH) for Taylor Morn Home has shown a decrease over the years from 285.23 days as of December 31, 2020, to 217.27 days as of December 31, 2022. This suggests that the company has been able to manage its inventory more efficiently, holding fewer days worth of inventory on hand to support its operations. However, there was a slight increase in DOH to 251.65 days as of December 31, 2023, followed by a further increase to 264.54 days as of December 31, 2024. These increases may indicate potential challenges in managing inventory levels effectively or changes in the company's business operations that have impacted its inventory management practices. Overall, the trend in DOH for Taylor Morn Home shows fluctuations, highlighting the importance of closely monitoring and optimizing inventory levels to ensure operational efficiency and financial performance.