Williams Companies Inc (WMB)

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		2.98	2.93	2.85	3.28	2.87	3.14	3.54	3.73	2.72	1.75	1.91	3.29	1.66	2.72	4.97	6.78	15.38	14.94	17.69	23.84
DOH	days	122.40	124.69	128.05	111.41	127.08	116.28	103.20	97.87	134.25	208.37	191.26	110.82	219.23	134.05	73.45	53.80	23.73	24.44	20.63	15.31

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.98
= 122.40

The Days of Inventory on Hand (DOH) ratio for Williams Companies Inc has displayed fluctuations over the specified time period. From March 31, 2020 to December 31, 2021, Williams Companies Inc experienced a steady increase in DOH, indicating that the company was holding onto its inventory for longer periods.

However, in the recent quarters from March 31, 2022 to December 31, 2024, the DOH ratio showed variability but generally remained at elevated levels. The substantial spike in DOH from September 30, 2021 to December 31, 2021 suggests potential issues with inventory management or changes in the company's operational efficiency.

While the DOH ratio decreased in the subsequent quarters, it generally remained at elevated levels compared to the earlier periods, indicating potential challenges in effectively managing inventory levels. Investors and stakeholders may want to monitor these trends closely to assess how Williams Companies Inc is addressing inventory management issues and optimizing its working capital efficiency.