Veralto Corporation (VLTO)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | ||
|---|---|---|---|---|
| Inventory turnover | 13.03 | 11.50 | 11.98 | |
| DOH | days | 28.00 | 31.75 | 30.47 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 13.03
= 28.00
To analyze Veralto Corporation's days of inventory on hand (DOH) based on the provided data:
1. The DOH as of June 30, 2024, was 30.47 days.
2. The DOH increased slightly to 31.75 days as of September 30, 2024.
3. By December 31, 2024, the DOH decreased to 28.00 days.
The trend in Veralto Corporation's DOH shows a slight increase from June to September, followed by a decrease by the end of the year. A lower number of days of inventory on hand generally indicates that the company is selling its inventory more quickly, which can be a positive sign of efficiency. However, it is essential to consider industry norms and compare with competitors to gain a better understanding of the company's inventory management performance.
Overall, Veralto Corporation's fluctuations in the days of inventory on hand suggest some variability in inventory management efficiency throughout the year. Further analysis and comparison with industry benchmarks can provide more insights into the company's inventory management practices and financial health.
Peer comparison
Dec 31, 2024