National Beverage Corp (FIZZ)
Days of inventory on hand (DOH)
| Apr 30, 2025 | Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 8.90 | 9.02 | 9.02 | 8.29 | 8.29 | |
| DOH | days | 41.01 | 40.46 | 40.46 | 44.01 | 44.01 |
April 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.90
= 41.01
The days of inventory on hand (DOH) for National Beverage Corp, as per the available data, indicates a relatively stable inventory cycle with slight fluctuations over the specified periods. On April 29 and 30, 2023, the DOH was consistent at approximately 44.01 days, suggesting a steady inventory turnover rate during that time frame. Moving forward to April 27 and 30, 2024, the DOH decreased to approximately 40.46 days, representing a notable reduction of roughly 3.5 days from the previous year's measurement. This decline may reflect improved inventory management or efficiencies in inventory turnover, potentially driven by operational adjustments or shifts in sales volume.
By April 30, 2025, the DOH slightly increased to approximately 41.01 days, indicating a modest uptick of about 0.5 days from the 2024 figures. This marginal rise could imply a temporary accumulation of inventory or alterations in product demand patterns.
Overall, the trend from 2023 to 2025 exhibits a pattern of decreased inventory holding periods, followed by a slight stabilization. The observed decrease in DOH over the period suggests enhanced inventory efficiency, which may contribute to improved working capital utilization and potentially better cash flow management. However, the small fluctuation towards the end of the observed timeframe indicates that inventory levels are being actively managed within a narrow range, reflecting a balanced approach to inventory turnover.
Peer comparison
Apr 30, 2025