Valmont Industries Inc (VMI)
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 | 6.04 | 6.11 | 6.19 | 5.89 | 6.13 | 5.80 | 5.40 | 5.57 | 5.47 | 5.19 | 4.67 | 4.30 | 4.50 | 3.58 | 3.75 | 4.03 | 4.40 | 4.39 | 4.26 | 4.57 | |
| DOH | days | 60.44 | 59.74 | 59.00 | 61.96 | 59.50 | 62.90 | 67.64 | 65.49 | 66.75 | 70.39 | 78.11 | 84.92 | 81.09 | 102.00 | 97.22 | 90.60 | 82.91 | 83.22 | 85.62 | 79.92 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.04
= 60.44
The days of inventory on hand (DOH) for Valmont Industries Inc have shown some fluctuations over the years.
From March 31, 2020, to December 31, 2021, the DOH ranged from approximately 79 days to around 102 days, indicating some variability in managing inventory levels during this period. Notably, the DOH peaked at 102 days on September 30, 2021, suggesting a potential buildup of inventory relative to sales activity.
However, from December 31, 2021, to December 31, 2024, the trend in DOH showed a declining pattern, gradually decreasing from approximately 81 days to around 60 days. This indicates an improvement in inventory management efficiency as the company was able to reduce the number of days it takes to sell its inventory over time.
Overall, the decreasing trend in DOH from December 31, 2021, to December 31, 2024, suggests that Valmont Industries Inc has become more effective in managing its inventory levels, potentially leading to better liquidity, reduced carrying costs, and improved profitability.
Peer comparison
Dec 31, 2024