Zurn Elkay Water Solutions Corporation (ZWS)
Days of inventory on hand (DOH)
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 4.74 | 4.64 | 4.80 | 4.70 | 4.54 | 3.75 | 3.20 | 2.46 | 4.21 | 5.62 | 8.19 | 4.66 | 4.76 | 3.60 | 3.43 | 3.53 | 4.02 | 3.68 | 3.73 | 3.68 | |
| DOH | days | 77.00 | 78.69 | 76.07 | 77.69 | 80.36 | 97.45 | 113.92 | 148.13 | 86.63 | 65.00 | 44.56 | 78.28 | 76.68 | 101.39 | 106.32 | 103.35 | 90.76 | 99.26 | 97.94 | 99.05 |
September 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.74
= 77.00
The days of inventory on hand (DOH) for Zurn Elkay Water Solutions Corporation has varied over the past few years. The trend indicates fluctuations in inventory management efficiency.
The DOH ranged from as low as 44.56 days to as high as 148.13 days in the past few years. A lower DOH indicates more efficient inventory management, while a higher DOH suggests excess inventory levels or potential inefficiencies in the supply chain.
There is no consistent pattern in the DOH over the period analyzed, with fluctuations observed from quarter to quarter. This inconsistency may be due to various factors such as changes in production levels, demand fluctuations, supply chain disruptions, or inventory management strategies.
Overall, Zurn Elkay Water Solutions Corporation should aim to strike a balance in managing its inventory levels to optimize working capital, reduce carrying costs, and meet customer demand effectively. Monitoring DOH regularly and implementing effective inventory control measures can help enhance operational efficiency and financial performance.
Peer comparison
Sep 30, 2024