Eagle Materials Inc (EXP)
Days of inventory on hand (DOH)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.82 | 4.21 | 5.17 | 5.67 | 5.15 | |
| DOH | days | 95.47 | 86.71 | 70.61 | 64.37 | 70.86 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.82
= 95.47
The days of inventory on hand (DOH) for Eagle Materials Inc has shown some fluctuations over the past five years.
In March 2021, Eagle Materials had 70.86 days of inventory on hand. This decreased to 64.37 days by March 2022, indicating an improvement in managing inventory levels. However, by March 2023, the DOH increased slightly to 70.61 days.
The trend changed significantly in March 2024, with the DOH jumping to 86.71 days, which could signify potential issues with inventory management or a build-up of excess inventory. This was followed by a further increase to 95.47 days by March 2025, suggesting a prolonged holding period for inventory.
Overall, Eagle Materials Inc may need to focus on streamlining its inventory management processes to optimize its working capital and improve operational efficiency, especially considering the upward trend in DOH over the past two years.