Cavco Industries Inc (CVCO)
Days of inventory on hand (DOH)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 6.13 | 5.67 | 6.03 | 4.99 | 6.62 | |
| DOH | days | 59.51 | 64.40 | 60.49 | 73.09 | 55.12 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.13
= 59.51
Days of Inventory on Hand (DOH) is a crucial ratio that reflects how efficiently Cavco Industries Inc manages its inventory. The trend in Cavco Industries Inc's DOH over the past five years shows some fluctuations.
- As of March 31, 2021, Cavco Industries Inc held inventory for approximately 55.12 days on average.
- By March 31, 2022, the DOH increased to 73.09 days, indicating that inventory was held for a longer period compared to the previous year.
- There was a slight improvement by March 31, 2023, as the DOH reduced to 60.49 days, suggesting more efficient inventory management.
- However, by March 31, 2024, the DOH increased to 64.40 days, indicating inventory was held for a longer period than the year before.
- As of March 31, 2025, the DOH decreased to 59.51 days, showing a positive trend in inventory management efficiency.
Overall, fluctuations in DOH can provide insights into changes in inventory management practices, demand patterns, and operational efficiency at Cavco Industries Inc. It is essential for the company to analyze the reasons behind these fluctuations to optimize inventory levels and improve operational performance.
Peer comparison
Mar 31, 2025