WESCO International Inc (WCC)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 4.89 | 4.91 | 4.79 | 5.41 | 4.62 | |
| DOH | days | 74.72 | 74.33 | 76.20 | 67.46 | 78.99 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.89
= 74.72
To analyze WESCO International Inc's days of inventory on hand (DOH) over the past five years, we observe a gradual decline in the metric. Starting at 78.99 days on December 31, 2020, the DOH reduced to 67.46 days by December 31, 2021, indicating a more efficient management of inventory. However, there was a slight increase to 76.20 days by December 31, 2022, followed by a further decrease to 74.33 days by December 31, 2023. The trend continued with a marginal increase to 74.72 days by December 31, 2024.
On average, the company held inventory for approximately 74.14 days during this period, signaling an overall improvement in managing and turning over its inventory compared to the initial observation in 2020. This decreasing trend in DOH suggests that WESCO International Inc may have been more effective in managing its inventory levels and optimizing its supply chain operations.
Peer comparison
Dec 31, 2024