Bellring Brands LLC (BRBR)

Days of inventory on hand (DOH)

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Inventory turnover		5.85	4.75	7.30	4.32
DOH	days	62.40	76.79	49.99	84.47

September 30, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.85
= 62.40

To analyze Bellring Brands Inc's days of inventory on hand (DOH) over the last five years, we observe a fluctuating trend. In 2023, the DOH stood at 62.40 days, reflecting a decrease from the previous year. This indicates an improvement in inventory management efficiency. In 2022, the DOH was at 76.79 days, representing an increase from the prior year, suggesting a decrease in inventory turnover efficiency. In 2021, the DOH dropped to 49.99 days, signaling an improvement in inventory management efficiency compared to the preceding year. In 2020, the DOH reached 84.47 days, marking a substantial increase from the prior year, indicating reduced efficiency in inventory turnover. In 2019, the DOH was 92.97 days, showing a continued decrease in inventory management efficiency.

Overall, the trend in the DOH indicates fluctuations in inventory turnover efficiency over the last five years, with improvements in certain years and declines in others. Further analysis should be conducted to understand the factors driving these fluctuations and their impact on the company's operations and financial performance.