Trinity Industries Inc (TRN)

Days of inventory on hand (DOH) measures the average number of days a company holds its inventory before selling it. For Trinity Industries Inc, the trend in DOH over the past five years has shown significant fluctuations:

1. As of December 31, 2020, Trinity Industries Inc had 77.72 days of inventory on hand, indicating the company was able to turn over its inventory relatively quickly.

2. By December 31, 2021, the DOH had increased to 136.04 days, suggesting a slower inventory turnover rate compared to the previous year.

3. The trend continued to rise in the following years, reaching 142.73 days by December 31, 2022, indicating a potential inefficiency in managing inventory levels.

4. However, by December 31, 2023, the DOH decreased to 101.69 days, showing some improvement in inventory management practices.

5. The most recent data as of December 31, 2024, reveals a further reduction in DOH to 72.09 days, signaling a more efficient inventory turnover for Trinity Industries Inc.

Overall, the fluctuating trend in DOH for Trinity Industries Inc suggests varying levels of efficiency in managing inventory, with the most recent data indicating an improvement in the company's inventory turnover rate. It is essential for the company to continue monitoring and optimizing its inventory management practices to ensure optimal utilization of resources.

Peer comparison

Dec 31, 2024