Westinghouse Air Brake Technologies Corp (WAB)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.80 | 3.70 | 3.60 | 4.13 | 4.17 | |
| DOH | days | 95.98 | 98.63 | 101.28 | 88.40 | 87.62 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.80
= 95.98
Westinghouse Air Brake Technologies Corp's days of inventory on hand (DOH) has shown a slightly increasing trend over the past five years. As of December 31, 2020, the company had 87.62 days of inventory on hand, which increased to 88.40 days by December 31, 2021. Subsequently, the DOH further rose to 101.28 days by December 31, 2022. However, by December 31, 2023, there was a slight decrease to 98.63 days, followed by another decrease to 95.98 days by December 31, 2024. Overall, the company seems to be managing its inventory levels relatively well, with fluctuations within a reasonable range. It's essential for the company to monitor and manage its inventory effectively to ensure optimal utilization of resources and maintain operational efficiency.
Peer comparison
Dec 31, 2024