Cavco Industries Inc (CVCO)

Cavco Industries Inc's days of inventory on hand (DOH) metric has shown some variability over the past five years. In the most recent fiscal year ending on March 31, 2024, the company held inventory for an average of 64.40 days, which represents an increase compared to the prior year's value of 60.49 days. This suggests that Cavco Industries Inc may be carrying inventory for a slightly longer period in the most recent year.

When looking at a longer trend, the data indicates fluctuations in the DOH metric over the past five years. In fiscal year 2022, Cavco Industries Inc had a DOH of 73.09 days, the highest value in this period. Subsequently, the metric decreased to 55.12 days in fiscal year 2021 and further to 49.85 days in fiscal year 2020. The recent increase in DOH compared to the previous year may indicate either an increase in inventory levels or a slowdown in inventory turnover.

Overall, analyzing Cavco Industries Inc's DOH can provide insights into the company's inventory management efficiency and liquidity. An increasing trend in DOH may suggest potential excess inventory levels or challenges in selling goods promptly, while a decreasing trend may indicate more efficient inventory management. Further investigation into the reasons behind the fluctuations in the DOH metric over time can help assess the company's operational performance and financial health.