Waste Management Inc (WM)
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 | 77.84 | 84.12 | 83.12 | 79.75 | 86.74 | 83.98 | 86.28 | 86.14 | 88.22 | 90.00 | 88.40 | 91.36 | 97.74 | 96.81 | 96.49 | 93.49 | 91.66 | 70.00 | 70.03 | 73.08 | |
| DOH | days | 4.69 | 4.34 | 4.39 | 4.58 | 4.21 | 4.35 | 4.23 | 4.24 | 4.14 | 4.06 | 4.13 | 4.00 | 3.73 | 3.77 | 3.78 | 3.90 | 3.98 | 5.21 | 5.21 | 4.99 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 77.84
= 4.69
The days of inventory on hand (DOH) for Waste Management Inc have shown fluctuations over the past few years. The trend indicates a decrease in the DOH from 4.99 days as of March 31, 2020, to 3.73 days as of December 31, 2021. This suggests that the company has been able to manage its inventory levels more efficiently during this period.
From December 31, 2021, to June 30, 2022, there was a slight increase in DOH to 4.13 days, but it remained relatively stable around this level for the following quarters. The DOH increased to 4.69 days as of December 31, 2024, indicating a potential increase in inventory holding period towards the end of the period under review.
Overall, Waste Management Inc has maintained a relatively low DOH level, which can be a positive indication of effective inventory management. However, management should continue to monitor and optimize inventory levels to ensure efficient operations and minimize carrying costs.
Peer comparison
Dec 31, 2024
See also:
Waste Management Inc Average Inventory Processing Period (Quarterly Data)