Zurn Elkay Water Solutions Corporation (ZWS)

Days of inventory on hand (DOH)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Mar 31, 2020
Inventory turnover 4.83 3.18 2.23 2.91 5.50
DOH days 75.49 114.83 163.97 125.24 66.38

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.83
= 75.49

The days of inventory on hand (DOH) for Zurn Elkay Water Solutions Corporation have shown fluctuation over the past few years.

As of March 31, 2020, the company had an inventory holding period of 66.38 days, indicating that on average, it took approximately 66.38 days for the company to sell its inventory.

By December 31, 2021, the DOH had increased significantly to 125.24 days. This rise suggests that the company may have experienced challenges in managing its inventory efficiently, leading to a longer holding period.

In the following year, by December 31, 2022, the DOH further increased to 163.97 days, reaching a considerably high level. This prolonged inventory holding period could potentially indicate issues such as overstocking or slow-moving inventory.

However, by December 31, 2023, the DOH decreased to 114.83 days, suggesting that the company may have taken measures to improve its inventory management practices and reduce excess inventory.

As of December 31, 2024, the DOH improved further to 75.49 days, indicating a more efficient management of inventory compared to the previous years.

Overall, the trend in Zurn Elkay Water Solutions Corporation's DOH reveals fluctuations in inventory management efficiency over the years, with efforts made to optimize inventory levels and reduce holding periods. Continued monitoring and improvement in inventory management practices will be essential for the company to maintain optimal operations and profitability in the future.