American Woodmark Corporation (AMWD)
Days of inventory on hand (DOH)
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 11.06 | 10.99 | 11.48 | 11.65 | 10.57 | 9.14 | 8.39 | 8.30 | 8.65 | 9.50 | 9.53 | 9.84 | 10.87 | 11.36 | 12.76 | 12.61 | 12.55 | 12.06 | 11.88 | 11.97 | |
| DOH | days | 33.00 | 33.22 | 31.80 | 31.34 | 34.54 | 39.92 | 43.51 | 43.99 | 42.21 | 38.43 | 38.29 | 37.09 | 33.59 | 32.13 | 28.60 | 28.95 | 29.08 | 30.27 | 30.73 | 30.50 |
April 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 11.06
= 33.00
The days of inventory on hand (DOH) for American Woodmark Corporation have shown some fluctuations over the past few years. From Oct 31, 2019, to Jan 31, 2020, the DOH was relatively stable around 30 days. Subsequently, there was a slight increase in DOH reaching around 43 days by Oct 31, 2020. However, a decreasing trend was observed from that point onwards, with DOH falling to 28.60 days by Oct 31, 2021. The trend continued to decline to 28.95 days by Jan 31, 2021, before rising again slightly. Overall, the company has managed to keep its inventory levels relatively efficient, with fluctuations showcasing efforts to optimize inventory management and control costs effectively.