Edgewell Personal Care Co (EPC)
Days of inventory on hand (DOH)
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 2.53 | 2.66 | 2.63 | 2.47 | 2.40 | 2.87 | 3.07 | 2.78 | 2.83 | 3.29 | 3.08 | 3.00 | 3.16 | 3.40 | 3.40 | 3.40 | 3.19 | 3.29 | 3.17 | 3.04 | |
| DOH | days | 144.04 | 137.11 | 138.61 | 147.62 | 151.95 | 127.01 | 118.85 | 131.37 | 129.06 | 110.96 | 118.60 | 121.59 | 115.42 | 107.27 | 107.33 | 107.39 | 114.33 | 111.02 | 115.08 | 119.90 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.53
= 144.04
The days of inventory on hand (DOH) for Edgewell Personal Care Co have shown some fluctuations over the past 8 quarters. The company's DOH ranged from a low of 118.77 days in Q3 2022 to a high of 151.79 days in Q1 2023. In Q1 2024, the DOH stood at 144.11 days, indicating that the company took, on average, 144.11 days to sell its inventory.
A decreasing trend in DOH from Q3 2022 to Q1 2023 suggests that the company was managing its inventory more efficiently during that period. However, the subsequent increase in DOH from Q1 2023 to Q4 2023 and fluctuations in the following quarters may indicate potential issues with inventory management or changes in the company's sales patterns.
Overall, further analysis and comparison with industry benchmarks would be beneficial to determine the effectiveness of Edgewell Personal Care Co's inventory management strategies and identify any areas for improvement.
Peer comparison
Dec 31, 2023