CAVA Group, Inc. (CAVA)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | 94.99 | 97.28 | 99.02 | 126.94 | — | |
DOH | days | 3.84 | 3.75 | 3.69 | 2.88 | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 94.99
= 3.84
The days of inventory on hand (DOH) for CAVA Group, Inc. demonstrate a generally stable trend over the observed period. As of December 31, 2021, the DOH was recorded at 2.88 days, representing a relatively efficient inventory turnover relative to the company's operations. This metric increased slightly to 3.69 days by December 31, 2022, indicating a modest lengthening of the inventory holding period. The upward trend continued into 2023, with the DOH reaching 3.75 days, reflecting a slight further extension in the time inventory remains on hand. By December 31, 2024, the DOH further increased to 3.84 days, suggesting a gradual but consistent elongation in inventory duration. Overall, this progression points to a steady, incremental movement toward longer inventory cycles over the observed timeframe, which could be associated with strategic inventory management decisions, shifts in product mix, or changes in sales cycle dynamics.
Peer comparison
Dec 31, 2024