Bellring Brands LLC (BRBR)

Days of inventory on hand (DOH)

		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	Dec 31, 2019
Inventory turnover		4.51	5.28	6.39	6.28	5.85	4.56	3.83	4.59	4.75	4.11	6.34	6.79	7.30	5.71	4.82	5.04	4.32
DOH	days	81.02	69.13	57.14	58.12	62.40	80.11	95.32	79.51	76.79	88.80	57.55	53.72	49.99	63.88	75.77	72.35	84.47

September 30, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.51
= 81.02

The days of inventory on hand (DOH) for Bellring Brands LLC have fluctuated over the past years. In the latest period ending September 30, 2024, the company had 81.02 days of inventory on hand, which was higher compared to the previous quarter. This indicates that the company held its inventory for a longer period before selling it.

Looking at the trend over the past few years, there seems to be variability in the DOH metric, with some quarters showing lower levels while others show higher levels. For instance, in March 2022 and December 2021, the DOH was relatively low at 57.55 days and 49.99 days, respectively.

Overall, the company's DOH has shown some inconsistency, which may suggest fluctuations in inventory management efficiency and sales patterns. Investors and stakeholders may want to further investigate the reasons behind these fluctuations to assess the company's inventory management strategies and operational effectiveness.