National Beverage Corp (FIZZ)
Days of inventory on hand (DOH)
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 8.90 | 8.76 | 8.41 | 8.32 | 8.52 | 8.56 | 8.21 | 8.65 | 8.67 | 8.58 | 8.47 | 8.08 | 7.65 | 7.81 | 7.98 | 8.46 | 9.46 | 9.32 | 8.73 | 8.14 | |
| DOH | days | 41.01 | 41.65 | 43.42 | 43.85 | 42.86 | 42.63 | 44.43 | 42.18 | 42.12 | 42.54 | 43.08 | 45.15 | 47.73 | 46.73 | 45.77 | 43.16 | 38.57 | 39.18 | 41.80 | 44.84 |
April 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.90
= 41.01
The analysis of National Beverage Corp's days of inventory on hand (DOH) over the specified period reveals a relatively stable trend with minor fluctuations. At the beginning of the period in July 2022, the DOH was approximately 44.84 days, indicating the average duration inventory was held before sale. This figure decreased to around 39.18 days by October 2022, reflecting a reduction in inventory holding periods within a few months.
Subsequently, the DOH slightly increased again, reaching approximately 45.77 days by January 2023. Throughout the subsequent quarters, the DOH fluctuated modestly, oscillating typically between the low 40s to mid-40s days. Notably, the quarterly data from April 2023 to July 2023 shows a marginal decrease from around 47.73 days to approximately 43.08 days, suggesting some improvement in inventory turnover efficiency during this interval.
From late 2023 into early 2024, the DOH remained relatively steady, averaging around 42 to 44 days, with minor variations. The latest data in April 2024 indicates a DOH of approximately 42.86 days, marginally higher than the previous months, and continuing into October 2024 with a value of about 43.42 days. Into 2025, the DOH slightly decreased to approximately 41.65 days in January and further to around 41.01 days by April, indicating a modest improvement in inventory management efficiency.
Overall, the data demonstrates that National Beverage Corp's inventory management has maintained a relatively stable DOH over the analyzed period, with small fluctuations generally remaining within the 41 to 45 days range. The slight downward trend in early 2025 suggests incremental efficiency gains in inventory turnover, although the overall pattern indicates consistent inventory holding periods without significant volatility.
Peer comparison
Apr 30, 2025