Costco Wholesale Corp (COST)
Days of inventory on hand (DOH)
| Sep 1, 2024 | Sep 3, 2023 | Aug 28, 2022 | Aug 29, 2021 | Aug 30, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 13.15 | 14.07 | 12.25 | 13.31 | 13.18 | |
| DOH | days | 27.75 | 25.93 | 29.79 | 27.41 | 27.69 |
September 1, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 13.15
= 27.75
To analyze Costco Wholesale Corp's days of inventory on hand (DOH) over the past five years, we observe fluctuations in the efficiency of inventory management. The company's DOH ranged from 25.93 days to 29.79 days during this period.
Costco's DOH increased from 27.41 days in August 2021 to 29.79 days in August 2022, indicating a possible slowdown in inventory turnover. However, there was a decrease to 25.93 days by September 2023, suggesting improved efficiency in managing inventory levels.
In September 2024, the DOH stood at 27.75 days, indicating a slight increase compared to the previous year. Overall, while there have been fluctuations in inventory management efficiency, Costco's DOH generally stayed within a relatively narrow range, reflecting a balanced approach to inventory control.
Peer comparison
Sep 1, 2024