Brunswick Corporation (BC)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.75 | 3.89 | 4.07 | 4.40 | 3.62 | |
| DOH | days | 97.43 | 93.81 | 89.77 | 82.89 | 100.74 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.75
= 97.43
The Days of Inventory on Hand (DOH) for Brunswick Corp. has shown a general increasing trend over the past five years. In 2019, the company had 100.74 days of inventory on hand, which increased to 105.48 days in 2021 before further rising to 110.39 days in 2022 and reaching 116.82 days in 2023.
This indicates that Brunswick Corp. has been carrying a higher level of inventory relative to its sales in recent years. A higher DOH may suggest inefficiencies in inventory management, such as overstocking or slower inventory turnover. It could tie up working capital and increase carrying costs related to storage and obsolescence.
Investors and stakeholders may want to closely monitor Brunswick Corp.'s inventory management practices to ensure optimal use of resources and to address any potential risks associated with excess inventory levels.
Peer comparison
Dec 31, 2023