Fabrinet (FN)
Days of inventory on hand (DOH)
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 5.46 | 4.44 | 3.56 | 3.93 | 4.70 | |
| DOH | days | 66.91 | 82.13 | 102.52 | 92.93 | 77.67 |
June 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.46
= 66.91
The days of inventory on hand (DOH) for Fabrinet have shown fluctuations over the past five years. In the most recent fiscal year ending on June 30, 2024, the DOH was 66.91 days, which represents a decrease compared to the previous years. This indicates that Fabrinet was able to manage its inventory more efficiently in the most recent period.
Looking back, in June 30, 2023, the DOH was 82.13 days, showing a decrease from the prior year. However, there was a significant increase in DOH in June 30, 2022, where it reached 102.52 days. This suggests that Fabrinet may have faced challenges in managing its inventory levels effectively during that period.
In the preceding fiscal years, the DOH was 92.93 days in June 30, 2021, and 77.67 days in June 30, 2020. These figures indicate fluctuations in inventory management efficiency over the years.
Overall, the trend in Fabrinet's DOH suggests varying levels of effectiveness in managing inventory levels. It is important for the company to continue monitoring and optimizing its inventory practices to ensure efficient use of resources and maintain operational performance.
Peer comparison
Jun 30, 2024