Brunswick Corporation (BC)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 3.59 | 3.77 | 3.69 | 3.68 | 3.89 | 3.93 | 3.94 | 3.83 | 4.07 | 4.74 | 4.95 | 4.69 | 4.40 | 5.07 | 4.19 | 3.50 | 3.62 | 3.73 | 3.85 | 3.82 | |
| DOH | days | 101.62 | 96.71 | 98.81 | 99.18 | 93.81 | 92.88 | 92.69 | 95.23 | 89.77 | 76.95 | 73.79 | 77.89 | 82.89 | 71.93 | 87.17 | 104.37 | 100.74 | 97.82 | 94.74 | 95.58 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.59
= 101.62
To analyze Brunswick Corp.'s days of inventory on hand (DOH) over the past eight quarters, we observe a relatively stable trend with slight fluctuations. The DOH ranged from 109.32 days to 116.82 days during this period.
It is important to note that DOH measures how long, on average, inventory is held before being sold. A higher DOH indicates a longer holding period, potentially tying up more capital and increasing storage costs. Conversely, a lower DOH could indicate more efficient inventory management.
In the recent quarters, there has been a slight increase in DOH, reaching 116.82 days in Q4 2023 from 109.32 days in Q2 2022. This suggests that Brunswick Corp. may be facing challenges in efficiently managing its inventory levels or experiencing slower inventory turnover.
Further investigation into the underlying reasons for the increase in DOH, such as demand fluctuations, production issues, or supply chain disruptions, would provide valuable insights into the company's operational performance and efficiency in managing its inventory. It may be crucial for Brunswick to assess and address these factors to optimize inventory levels and enhance overall financial performance.
Peer comparison
Dec 31, 2023