Edgewell Personal Care Co (EPC)
Days of inventory on hand (DOH)
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 2.72 | 2.85 | 2.63 | 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 | |
| DOH | days | 134.22 | 128.13 | 138.55 | 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 |
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 has ranged between 107.27 days to 151.95 days over the past several quarters. DOH measures how many days, on average, the company holds its inventory before selling it.
A higher DOH indicates that the company is holding onto inventory for a longer period, which can tie up working capital and may suggest inefficiencies in inventory management or difficulties in selling the products. On the other hand, a lower DOH may imply more efficient inventory turnover and a better ability to manage inventory levels.
In this case, we see some fluctuations in DOH over the quarters, with the highest DOH of 151.95 days recorded in December 2022 and the lowest DOH of 107.27 days in September 2020. It is essential for the company to monitor its inventory levels closely to strike a balance between ensuring product availability for customers and avoiding excess holding costs. Further analysis and comparison with industry benchmarks can provide more insights into the effectiveness of Edgewell Personal Care Co's inventory management practices.
Peer comparison
Sep 30, 2024