Visteon Corp (VC)

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		11.78	10.56	10.97	10.01	11.63	11.19	10.97	9.78	9.74	9.16	9.11	7.82	9.61	10.00	12.35	12.69	13.01	13.69	13.20	14.11
DOH	days	30.97	34.56	33.27	36.46	31.37	32.63	33.28	37.30	37.49	39.83	40.08	46.68	37.96	36.50	29.55	28.76	28.05	26.66	27.65	25.87

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 11.78
= 30.97

The days of inventory on hand (DOH) for Visteon Corp has shown some fluctuations over the past few years based on the provided data. From March 31, 2020, to June 30, 2022, the DOH increased steadily from 25.87 days to 40.08 days, indicating that the company was holding inventory for a longer period.

However, starting from September 30, 2022, there was a slight decrease in DOH, suggesting a potential improvement in inventory management efficiency. Despite the decrease, the trend remained relatively stable through December 31, 2024.

The lowest DOH was observed on December 31, 2024, at 30.97 days, which indicates that Visteon Corp was able to turn over its inventory more quickly compared to the previous periods. This could imply improved inventory management practices or changes in the company's operations.

Overall, monitoring the days of inventory on hand is crucial for assessing how efficiently a company is managing its inventory levels and controlling related costs. A decreasing trend in DOH can be a positive sign, indicating effective inventory management practices that can lead to better cash flow and profitability for the company.