Apogee Enterprises Inc (APOG)

The days of inventory on hand (DOH) for Apogee Enterprises Inc has shown a fluctuating trend over the past five years, ranging from 24.07 days to 28.26 days. The company's inventory turnover rate indicates the number of days it takes for Apogee to convert its inventory into sales. A lower DOH value suggests that the company is managing its inventory efficiently, quickly converting it into sales. Conversely, a higher DOH value may indicate potential issues such as overstocking or slow-moving inventory.

In the latest fiscal year, the DOH decreased to 24.07 days from 25.90 days in the previous year, which could indicate improved inventory management efficiency. It is important for Apogee Enterprises Inc to continuously monitor and optimize its inventory levels to ensure smooth operations and maximize profitability. Further analysis of operational factors influencing inventory turnover would provide a deeper insight into the company's efficiency in managing its inventory.