Flowers Foods Inc (FLO)

Days of inventory on hand (DOH)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Oct 7, 2023	Sep 30, 2023	Jul 15, 2023	Jun 30, 2023	Apr 22, 2023	Mar 31, 2023	Dec 31, 2022	Oct 8, 2022	Sep 30, 2022	Jun 30, 2022	Apr 23, 2022	Mar 31, 2022	Dec 31, 2021	Oct 9, 2021	Sep 30, 2021
Inventory turnover		9.81	10.17	12.57	12.36	13.23	19.61	14.14	22.42	13.29	15.08	7.57	7.38	15.00	13.65	13.29	20.79	10.56	12.10	18.48	15.40
DOH	days	37.20	35.89	29.04	29.54	27.59	18.62	25.81	16.28	27.46	24.20	48.19	49.44	24.33	26.75	27.47	17.56	34.58	30.16	19.75	23.71

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 9.81
= 37.20

The days of inventory on hand (DOH) for Flowers Foods Inc have shown fluctuations over the periods indicated in the data.

In September 2021, the company had 23.71 days of inventory on hand, which decreased to 19.75 days by October 2021. However, by December 2021, the DOH increased to 30.16 days, indicating a buildup in inventory levels.

The trend continued into 2022, with the DOH reaching 34.58 days in March 2022 before decreasing to 17.56 days in April 2022, which may suggest improved inventory management or increased sales during that period.

Subsequent periods in 2022 and 2023 saw fluctuations in DOH, ranging from 16.28 days to 49.44 days, indicating possible seasonal variations or changes in the company's inventory management practices.

As of December 2023, the DOH was 27.59 days, showing a slight increase from the previous period. The trend continued into 2024, with the DOH ranging from 29.04 days to 37.20 days, suggesting that Flowers Foods Inc may need to focus on optimizing inventory levels to improve efficiency and reduce holding costs.

Overall, analyzing the days of inventory on hand provides insights into the company's inventory management efficiency, cash flow management, and potential risks related to inventory obsolescence or overstocking.