Edgewell Personal Care Co (EPC)
Days of inventory on hand (DOH)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 2.72 | 2.66 | 2.87 | 3.29 | 3.40 | |
| DOH | days | 134.22 | 137.11 | 127.01 | 111.06 | 107.27 |
September 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.72
= 134.22
The days of inventory on hand (DOH) for Edgewell Personal Care Co have shown a fluctuating trend over the past five years. In 2024, the company had 134.22 days of inventory on hand, compared to 137.11 days in 2023, 127.01 days in 2022, 111.06 days in 2021, and 107.27 days in 2020.
A higher number of days of inventory on hand indicates a longer time it takes for the company to sell its inventory, which could tie up capital and indicate potential inefficiencies in inventory management. On the other hand, a lower number of days of inventory on hand could suggest better inventory turnover efficiency and cost management.
Overall, the increasing trend from 2020 to 2022 followed by a slight increase in 2023 and 2024 may suggest that Edgewell Personal Care Co has been carrying more inventory relative to its sales, which may impact its liquidity and working capital management. Monitoring and possibly optimizing inventory levels could help the company improve its operational efficiency and financial performance.
Peer comparison
Sep 30, 2024