Builders FirstSource Inc (BLDR)
Days of inventory on hand (DOH)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | 9.09 | 9.23 | 8.70 | 8.23 | 9.02 | 8.47 | 8.86 | 10.21 | 10.50 | 8.68 | 7.41 | 6.76 | 8.64 | 7.89 | 5.15 | 5.12 | 8.08 | 7.67 | 8.90 | 8.49 | |
DOH | days | 40.17 | 39.53 | 41.94 | 44.36 | 40.44 | 43.12 | 41.21 | 35.74 | 34.75 | 42.07 | 49.25 | 54.01 | 42.27 | 46.26 | 70.87 | 71.28 | 45.19 | 47.58 | 41.00 | 42.98 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 9.09
= 40.17
The days of inventory on hand (DOH) for Builders FirstSource Inc has shown some fluctuations over the periods analyzed. The trend indicates that the company held inventory for an average of around 40 to 50 days for most quarters, with occasional spikes and dips.
Of note is the significant increase in DOH observed in March 2021 and June 2021, where the company held inventory for approximately 71 to 70 days, respectively. This could suggest potential issues with inventory management or a slowdown in sales during that period.
Subsequently, there was a decrease in DOH in the following quarters, indicating a possible adjustment in inventory levels. Notably, the DOH improved to around 34 to 40 days towards the end of the analyzed period, suggesting a more efficient inventory turnover.
Overall, the company's DOH appears to have stabilized within a reasonable range in recent periods, reflecting a balance between maintaining adequate inventory levels and managing inventory turnover effectively.
Peer comparison
Dec 31, 2024
See also:
Builders FirstSource Inc Average Inventory Processing Period (Quarterly Data)