Dycom Industries Inc (DY)
Days of inventory on hand (DOH)
Jan 31, 2025 | Jan 31, 2024 | Jan 27, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
---|---|---|---|---|---|---|
Inventory turnover | 29.62 | 30.97 | 34.17 | 27.49 | 30.17 | |
DOH | days | 12.32 | 11.79 | 10.68 | 13.28 | 12.10 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 29.62
= 12.32
The Days of Inventory on Hand (DOH) for Dycom Industries Inc has shown a fluctuating trend over the past few years.
- As of January 28, 2023, the company had 12.10 days worth of inventory on hand, which increased slightly to 13.28 days by January 31, 2023.
- However, the trend reversed in the following years, with the DOH decreasing to 10.68 days on January 27, 2024, and then slightly increasing to 11.79 days by January 31, 2024.
- By January 31, 2025, the DOH stood at 12.32 days, indicating a slight increase compared to the previous year.
Overall, the company's inventory turnover has fluctuated within a relatively narrow range over the years, suggesting that Dycom Industries Inc has been managing its inventory levels efficiently to meet demand while minimizing excess stock. Further analysis in conjunction with other financial metrics would provide a comprehensive view of the company's inventory management effectiveness.
Peer comparison
Jan 31, 2025