Cardinal Health Inc (CAH)

The analysis of Cardinal Health Inc’s days of inventory on hand (DOH) over the specified period indicates a notable trend of improvement in inventory management efficiency. As of June 30, 2021, the DOH stood at approximately 34.21 days, reflecting the number of days inventory remained in stock before being sold. This figure decreased progressively over the subsequent years, reaching approximately 32.65 days on June 30, 2022, and further declining to around 29.70 days by June 30, 2023. The downward trend continued notably in the year ending June 30, 2024, with the DOH decreasing to approximately 24.88 days, representing a significant reduction in the average time inventory is held.

However, in the following year, June 30, 2025, the DOH experienced a slight increase to approximately 28.65 days. Despite this minor uptick, the overall trend from 2021 through 2025 highlights an ongoing effort to optimize inventory turnover, reducing the number of days inventory remains on hand. This decline in DOH over the period suggests improved inventory management practices, increased supply chain efficiency, or strategic adjustments aimed at reducing holding costs and aligning inventory levels more closely with sales patterns. Overall, the data reflects a positive trend toward enhanced operational efficiency in inventory management within Cardinal Health Inc. over the analyzed timeframe.

Peer comparison

Jun 30, 2025