Enersys (ENS)
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 | Jul 5, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 3.41 | 3.33 | 3.29 | 3.56 | 3.72 | 3.56 | 3.58 | 3.49 | 3.59 | 3.40 | 3.43 | 3.47 | 3.64 | 3.74 | 3.76 | 4.13 | 3.30 | 3.15 | 3.18 | 3.31 | |
| DOH | days | 107.02 | 109.61 | 110.86 | 102.41 | 97.99 | 102.60 | 101.91 | 104.67 | 101.54 | 107.48 | 106.29 | 105.17 | 100.19 | 97.59 | 96.95 | 88.32 | 110.69 | 115.95 | 114.84 | 110.31 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.41
= 107.02
The days of inventory on hand (DOH) for Enersys have shown varying trends over the given periods. The DOH ranged from 88.32 days on June 30, 2021, to 145.79 days on March 31, 2025, indicating fluctuations in the company's inventory management efficiency.
From July 5, 2020, to June 30, 2022, the DOH generally decreased, suggesting improvements in inventory turnover and possibly more effective inventory management practices. However, from September 30, 2022, to September 30, 2024, the DOH started to increase again, indicating a potential build-up of inventory relative to sales.
Overall, fluctuations in DOH can reflect changes in demand, production efficiency, or inventory management strategies at Enersys. It is essential for the company to closely monitor and manage its inventory levels to optimize working capital usage and ensure efficient operation of its supply chain.
Peer comparison
Mar 31, 2025