Cavco Industries Inc (CVCO)
Days of inventory on hand (DOH)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | 6.08 | 5.86 | 5.65 | 5.67 | 5.93 | 5.84 | 5.91 | 6.03 | 7.46 | 6.65 | 5.52 | 4.99 | 5.38 | 5.21 | 6.14 | 6.62 | 7.57 | 7.34 | 7.77 | |
| DOH | days | — | 60.05 | 62.27 | 64.57 | 64.40 | 61.59 | 62.51 | 61.71 | 60.49 | 48.91 | 54.89 | 66.14 | 73.09 | 67.81 | 70.11 | 59.49 | 55.12 | 48.25 | 49.72 | 46.96 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Days of Inventory on Hand (DOH) is a measure used to evaluate how efficiently a company manages its inventory. For Cavco Industries Inc, the trend of DOH over the past few years indicates the number of days it takes for the company to sell its inventory.
From June 30, 2020, to September 30, 2021, Cavco Industries Inc saw a steady increase in its DOH, reaching a peak of 70.11 days. This suggests that the company was holding onto its inventory for a longer period before being able to sell it.
Subsequently, from September 30, 2021, to December 31, 2024, Cavco Industries Inc managed to reduce its DOH, indicating an improvement in inventory management efficiency. The DOH decreased from 67.81 days on December 31, 2021, to 60.05 days on December 31, 2024. This could be due to better inventory forecasting, production planning, or sales strategies implemented by the company during this period.
However, it is important to note the absence of data for DOH on March 31, 2025. The missing data may limit the complete assessment of the company's inventory management performance in the most recent period.
Overall, Cavco Industries Inc's DOH trend indicates fluctuations in inventory management efficiency over the years, with efforts made to reduce the number of days it takes to sell inventory after a peak in 2021. Monitoring DOH is crucial for the company to optimize inventory levels, reduce holding costs, and enhance cash flow.
Peer comparison
Mar 31, 2025