Xylem Inc (XYL)
Days of inventory on hand (DOH)
Dec 31, 2024 | Sep 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 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | 5.38 | 4.84 | 4.84 | 4.56 | 3.91 | 3.29 | 4.12 | 4.30 | 3.98 | 3.84 | 4.05 | 4.60 | 4.77 | 4.99 | 5.20 | 5.46 | 5.21 | 5.14 | 5.50 | 5.94 | |
DOH | days | 67.80 | 75.49 | 75.45 | 79.96 | 93.46 | 110.90 | 88.49 | 84.83 | 91.61 | 95.04 | 90.05 | 79.35 | 76.56 | 73.16 | 70.22 | 66.86 | 70.04 | 70.95 | 66.31 | 61.42 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.38
= 67.80
The days of inventory on hand (DOH) for Xylem Inc have shown some fluctuation over the years. Starting at 61.42 days on December 31, 2019, the DOH increased gradually, reaching a peak of 110.90 days on June 30, 2023. However, there was a significant decrease to 67.80 days by December 31, 2024. This reduction may indicate improved efficiency in managing inventory levels or a strategic shift in inventory control practices. Overall, monitoring the trend of DOH is crucial for assessing Xylem Inc's inventory management effectiveness, liquidity, and operational efficiency.
Peer comparison
Dec 31, 2024
Company name
Symbol
DOH
Xylem Inc
XYL
67.80
Enovis Corp
ENOV
94.31
Flowserve Corporation
FLS
79.56
Graco Inc
GGG
154.65
IDEX Corporation
IEX
84.07
ITT Inc
ITT
90.54