Aramark Holdings (ARMK)

Days of inventory on hand (DOH)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Inventory turnover		43.41	45.03	27.71	28.02	29.17
DOH	days	8.41	8.11	13.17	13.03	12.51

September 30, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 43.41
= 8.41

Aramark Holdings' days of inventory on hand (DOH) has shown some variability over the past five years. The company's DOH was 8.41 days as of September 30, 2024, compared to 8.11 days in the previous year. This indicates that Aramark has been able to slightly improve its efficiency in managing inventory levels over the year, as it takes fewer days to sell its inventory.

Looking back, in 2022 and 2021, Aramark had higher DOH figures of 13.17 days and 13.03 days, respectively. This suggests that the company took longer to sell its inventory in those years compared to the most recent period. Additionally, in 2020, the DOH was 12.51 days, slightly lower than in 2021 and 2022 but still higher compared to the latest data.

Overall, the trend in Aramark's DOH over the past five years indicates some fluctuations but the recent improvement in inventory turnover efficiency is a positive sign for the company's operations. However, it would be important to monitor future trends to ensure continued effective inventory management.