Whirlpool Corporation (WHR)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 8.24 | 7.75 | 7.43 | 8.10 | 9.16 | 6.80 | 6.20 | 6.27 | 7.35 | 6.60 | 7.08 | 7.28 | 7.52 | 7.77 | 8.17 | 7.22 | 7.71 | 6.65 | 6.41 | 6.75 | |
| DOH | days | 44.31 | 47.09 | 49.15 | 45.08 | 39.85 | 53.69 | 58.83 | 58.19 | 49.65 | 55.31 | 51.52 | 50.11 | 48.51 | 46.99 | 44.67 | 50.59 | 47.37 | 54.92 | 56.96 | 54.10 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.24
= 44.31
The days of inventory on hand (DOH) for Whirlpool Corp. has shown some fluctuations over the past eight quarters. In Q4 2023, the company had 50.36 days of inventory on hand, which decreased from 53.58 days in Q3 2023. This downward trend continued from the previous quarters, where DOH was as high as 67.50 days in Q3 2022. The recent decrease in DOH may suggest that Whirlpool has been managing its inventory more efficiently, potentially by improving inventory turnover or implementing better inventory management practices. However, it's important to monitor future trends to assess if this improvement is sustainable and to ensure that inventory levels are optimized to meet demand effectively.
Peer comparison
Dec 31, 2023