National Beverage Corp (FIZZ)
Days of inventory on hand (DOH)
| 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 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 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 | 6.76 | |
| DOH | days | 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 | 54.00 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.76
= 41.65
The days of inventory on hand (DOH) for National Beverage Corp have shown a decreasing trend from 54.00 days as of April 30, 2022, to 41.65 days as of January 31, 2025. This indicates that the company has been able to manage its inventory more efficiently over the given period.
A lower DOH figure suggests that the company is selling its inventory more quickly, which can lead to reduced carrying costs and better utilization of working capital. However, it is important to consider the industry norms and the nature of the company's business when evaluating DOH.
Overall, the decreasing trend in DOH for National Beverage Corp reflects positively on its inventory management practices, potentially signaling effective control over its inventory levels and sales operations.
Peer comparison
Jan 31, 2025