Avnet Inc (AVT)
Days of inventory on hand (DOH)
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.78 | 3.84 | 4.27 | 5.03 | 5.34 | |
| DOH | days | 96.44 | 95.09 | 85.41 | 72.57 | 68.32 |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.78
= 96.44
The Days of Inventory on Hand (DOH) for Avnet Inc. exhibits an upward trend over the specified period from June 30, 2021, through June 30, 2025. Specifically, the DOH increased from 68.32 days in 2021 to 72.57 days in 2022, indicating a moderate elongation in inventory holding periods. This trend continues with the DOH further rising to 85.41 days in 2023, suggesting a significant increase in inventory levels relative to sales during that year. The most notable change occurs between 2023 and 2024, when the DOH advances to 95.09 days, reflecting approximately a 10-day escalation and indicating a substantial buildup of inventory. By 2025, the DOH slightly surpasses this level, reaching 96.44 days, which signifies an ongoing trend of increasing inventory days on hand. Overall, the data suggests that Avnet Inc. has been gradually extending its inventory holding periods over these years, potentially implying shifts in supply chain management, inventory planning strategies, or changes in product mix that have resulted in higher inventory levels relative to sales activity.
Peer comparison
Jun 30, 2025