United Parcel Service Inc (UPS)
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 | 90.39 | — | — | 82.52 | 81.71 | — | — | — | 98.14 | — | — | — | 115.29 | — | — | 70.48 | 123.89 | — | — | — | |
| DOH | days | 4.04 | — | — | 4.42 | 4.47 | — | — | — | 3.72 | — | — | — | 3.17 | — | — | 5.18 | 2.95 | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 90.39
= 4.04
United Parcel Service Inc's days of inventory on hand (DOH) has shown some fluctuation over the periods provided. The DOH was not available for March, June, and September of 2020, showing that the company might not have disclosed this information at that time.
From December 2020 to December 2024, the DOH varied between 2.95 to 4.47 days. Notably, there was an increase in DOH from 2.95 days on December 31, 2020, to 5.18 days on March 31, 2021. Subsequently, it dropped to 3.17 days by December 31, 2021, and further varied in the range of 3.17 to 4.47 days until December 31, 2024.
The DOH metric provides insights into how efficiently United Parcel Service Inc is managing its inventory. A lower DOH typically indicates a more efficient inventory management system. However, fluctuations in DOH could be influenced by various factors such as seasonal demand, production changes, or supply chain disruptions. It is important for the company to monitor and manage its inventory levels effectively to ensure operational efficiency and cost effectiveness.
See also:
United Parcel Service Inc Average Inventory Processing Period (Quarterly Data)