Amcor PLC (AMCR)

Days of inventory on hand (DOH)

Jun 30, 2025 Mar 31, 2025 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
Inventory turnover 3.51 5.03 5.08 4.86 5.38 5.32 5.29 5.49 5.41 5.01 4.83 4.63 4.81 4.68 4.78 4.95 5.09 5.25 5.32 5.48
DOH days 104.06 72.60 71.79 75.13 67.84 68.57 69.00 66.44 67.49 72.80 75.58 78.79 75.93 78.04 76.35 73.76 71.75 69.56 68.59 66.57

June 30, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.51
= 104.06

The Days of Inventory on Hand (DOH) for Amcor PLC over the period from September 2020 to June 2025 exhibits fluctuations indicative of inventory management trends and operational stability. Initially, the DOH was approximately 66.57 days as of September 2020, reflecting a relatively efficient level of inventory. Throughout the subsequent quarters, there was a gradual upward trend, reaching approximately 78.79 days by September 2022. This increase suggests a tendency to hold inventory for longer durations, possibly due to strategic shifts in inventory policies, supply chain considerations, or changes in product mix.

From late 2022 through mid-2023, the DOH demonstrated a decreasing pattern, dropping to approximately 66.44 days by September 2023. This reduction indicates a period of improved inventory turnover, likely reflecting enhanced supply chain efficiencies or inventory management practices. However, there was a subsequent increase observed in late 2023 and early 2024, with the DOH rising back to around 75.13 days as of September 2024, and then slightly declining to 71.79 days by the end of 2024. These variations could be attributed to seasonal factors, changes in demand, or inventory replenishment strategies.

In early 2025, the DOH maintained a relatively stable level around the low to mid-70s days range, with a notable spike to 104.06 days in June 2025. This abrupt increase may indicate an accumulation of inventory possibly due to strategic stockpiling, supply chain disruptions, or anticipated future demand shifts. Such a significant rise warrants further investigation to discern underlying causes and assess potential implications for operational efficiency and working capital management.

Overall, the trend in Amcor PLC's DOH suggests periods of both inventory accumulation and efficiency improvements, aligning with typical supply chain cycles. The recent sharp increase points to a potential change in inventory strategies or external factors affecting inventory turnover, emphasizing the need for ongoing monitoring to ensure effective inventory management practices.


Peer comparison

Jun 30, 2025

Company name
Symbol
DOH
Amcor PLC
AMCR
104.06
Brady Corporation
BRC
53.62
Hillenbrand Inc
HI
90.16