Donaldson Company Inc (DCI)
Days of inventory on hand (DOH)
| Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 4.85 | 5.15 | 5.26 | 5.25 | 5.43 | 5.09 | 4.56 | 4.68 | 4.46 | 4.19 | 4.30 | 4.43 | 4.89 | 4.95 | 4.88 | 5.11 | 5.29 | 5.16 | 5.25 | 5.19 | |
| DOH | days | 75.26 | 70.86 | 69.39 | 69.52 | 67.22 | 71.70 | 80.02 | 77.93 | 81.89 | 87.03 | 84.94 | 82.44 | 74.61 | 73.71 | 74.74 | 71.48 | 68.97 | 70.74 | 69.55 | 70.38 |
July 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.85
= 75.26
The Days of Inventory on Hand (DOH) for Donaldson Company Inc fluctuated over the past 20 quarters, ranging from a low of 67.22 days to a high of 87.03 days. The company's inventory management seems to have improved recently, as the latest DOH figure stood at 70.86 days compared to the peak of 87.03 days in the second quarter of 2022. This indicates that the company is holding less inventory relative to its sales, which can be positive for working capital management and potentially indicates more efficient operations. Further analysis would be needed to assess the impact of this trend on the company's overall financial performance and competitiveness.