Union Pacific Corporation (UNP)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 12.70 | 13.72 | 14.11 | 13.45 | 11.92 | |
| DOH | days | 28.74 | 26.60 | 25.88 | 27.14 | 30.61 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 12.70
= 28.74
The days of inventory on hand (DOH) for Union Pacific Corporation has shown a gradual decreasing trend over the years based on the provided data. In December 2020, the company had an average of 30.61 days of inventory on hand, which decreased to 27.14 days by December 2021. This decrease continued, with the DOH further reducing to 25.88 days by December 2022.
However, there was a slight increase in the DOH to 26.60 days by December 2023 and a subsequent rise to 28.74 days by December 2024. Overall, the company's DOH indicates a general efficiency in managing its inventory levels, but it's essential for Union Pacific Corporation to monitor and control inventory levels effectively to optimize working capital and operational efficiency.
Peer comparison
Dec 31, 2024
See also:
Union Pacific Corporation Average Inventory Processing Period