Floor & Decor Holdings Inc (FND)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 2.23 | 2.31 | 1.96 | 2.00 | 2.13 | |
| DOH | days | 163.56 | 157.99 | 185.95 | 182.96 | 171.62 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.23
= 163.56
Floor & Decor Holdings Inc's days of inventory on hand (DOH) has fluctuated over the past five years, indicating varying efficiencies in managing its inventory levels.
In December 31, 2020, the company had 171.62 days of inventory on hand, which increased to 182.96 days in December 31, 2021. This suggests that the company took longer to sell its inventory in 2021 compared to 2020.
The trend continued with an increase to 185.95 days in December 31, 2022, indicating further challenges in inventory management. However, there was a significant improvement in December 31, 2023, with the DOH decreasing to 157.99 days, showing enhanced efficiency in inventory turnover.
By December 31, 2024, the DOH slightly increased to 163.56 days, although it remained lower than the levels in 2021 and 2022. Overall, the company has experienced fluctuations in inventory turnover, with improvements in recent years but still some room for enhancement in optimizing its inventory management practices.
Peer comparison
Dec 31, 2024