Campbell’s Co (CPB)

Days of inventory on hand (DOH)

Jul 31, 2025 Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Jul 28, 2024 Apr 30, 2024 Apr 28, 2024 Jan 31, 2024 Jan 28, 2024 Oct 31, 2023 Oct 29, 2023 Jul 31, 2023 Jul 30, 2023 Apr 30, 2023 Jan 31, 2023 Jan 29, 2023 Oct 31, 2022 Oct 30, 2022 Jul 31, 2022
Inventory turnover 5.51 5.89 5.21 5.45 5.50 5.80 5.87 6.45 6.23 5.25 5.13 5.00 5.55 5.58 6.16 5.91 5.22 5.01 5.01
DOH days 66.19 61.96 70.09 66.96 66.42 62.96 62.19 56.55 58.60 69.49 71.20 73.00 65.81 65.39 59.25 61.74 69.99 72.82 72.88

July 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The data presents the days of inventory on hand (DOH) for Campbell’s Co across multiple reporting periods from July 2022 to July 2025. The following observations can be made:

Initially, in July 2022, the DOH was approximately 72.88 days, indicating that it took nearly 73 days for the company to sell its inventory. Over the subsequent months, there was a slight decline, reaching a low of approximately 59.25 days by January 2023, which suggests an increase in inventory turnover during this period.

Between January and April 2023, the DOH experienced a modest increase to around 65.39 days, with fluctuations observed through the rest of 2023. In July 2023, the DOH was roughly 73 days, indicating a return close to the initial level observed in July 2022. The data shows a decrease again by October 2023 to about 69.49 days.

Advancing into 2024, a downward trend is visible, with the DOH decreasing to approximately 56.55 days by January 2024, demonstrating an improved inventory management or faster stock turnover. This value increased slightly through April 2024 to around 62.96 days and remained relatively stable through July 2024 at approximately 66.96 days.

By October 2024, the DOH rose again to approximately 70.09 days, indicating a lengthening of the inventory cycle. Subsequently, the figure decreased markedly by January 2025 to around 61.96 days, then increased again to roughly 66.19 days by April 2025. The most recent data point in July 2025, however, is unavailable, preventing further interpretation of trends into mid-2025.

Overall, the company's DOH figures demonstrate periods of fluctuation, with a general trend oscillating between approximately 56 and 73 days. These fluctuations may reflect seasonal inventory adjustments, operational strategies, or external market factors impacting inventory management efficiency. The notable reduction in DOH during early 2024 suggests improved inventory turnover during that period, whereas the subsequent increase indicates a potential slowdown or inventory buildup.