Dycom Industries Inc (DY)
Days of inventory on hand (DOH)
Oct 26, 2024 | Jul 27, 2024 | Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 24, 2020 | Jul 25, 2020 | Apr 25, 2020 | Jan 25, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | 34.49 | 38.04 | 35.71 | 33.43 | 31.61 | 30.35 | 30.36 | 29.52 | 30.66 | 31.63 | 31.61 | 34.13 | 39.54 | 38.92 | 38.31 | 41.02 | 40.86 | 28.85 | 17.09 | 8.65 | |
DOH | days | 10.58 | 9.59 | 10.22 | 10.92 | 11.55 | 12.03 | 12.02 | 12.37 | 11.91 | 11.54 | 11.55 | 10.70 | 9.23 | 9.38 | 9.53 | 8.90 | 8.93 | 12.65 | 21.35 | 42.18 |
October 26, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 34.49
= 10.58
The days of inventory on hand (DOH) for Dycom Industries Inc has fluctuated over the past few years. The company has generally maintained a DOH of around 9 to 12 days, indicating that it holds inventory for a relatively short period before selling it.
There was a notable spike in DOH to 21.35 days in July 2020, followed by a significant increase to 42.18 days in April 2020. This suggests that Dycom Industries Inc may have experienced challenges in managing and selling its inventory efficiently during that time period.
However, the company was able to bring the DOH back down to a more normal range in subsequent periods. Overall, the trend in DOH indicates that Dycom Industries Inc has been effective in managing its inventory levels, with occasional fluctuations likely influenced by specific factors affecting the business at the time.
Peer comparison
Oct 26, 2024