Dolby Laboratories (DLB)
Days of inventory on hand (DOH)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 4.17 | 4.28 | 6.00 | 11.86 | 5.73 | |
| DOH | days | 87.62 | 85.22 | 60.80 | 30.78 | 63.66 |
September 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.17
= 87.62
The days of inventory on hand (DOH) for Dolby Laboratories has shown significant fluctuations over the past five years. The DOH has increased from 63.66 days in 2020 to 87.62 days in 2024, representing a higher inventory holding period. This could potentially indicate inefficiencies in inventory management, leading to longer periods for inventory turnover.
In 2021, the DOH dropped to 30.78 days, a sharp decrease from the previous year. This could suggest effective inventory management practices during that period, resulting in quicker inventory turnover. However, the DOH increased again in 2022 to 60.80 days, indicating a shift back towards a longer inventory holding period.
Subsequently, in 2023, the DOH slightly increased to 85.22 days, showcasing a further elongated inventory turnover cycle. The most recent data for 2024 reflects a continued increase in the DOH to 87.62 days, indicating a trend of delayed inventory turnover.
Overall, Dolby Laboratories may need to closely assess their inventory management strategies to optimize inventory turnover and reduce the days of inventory on hand, potentially leading to improved operational efficiency and cost savings.
Peer comparison
Sep 30, 2024