Floor & Decor Holdings Inc (FND)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 2.33 | 2.51 | 2.54 | 2.51 | 2.31 | 2.32 | 2.23 | 2.21 | 1.99 | 1.91 | 1.74 | 1.90 | 2.00 | 2.24 | 2.55 | 2.50 | 2.13 | 2.13 | 2.00 | 2.08 | |
| DOH | days | 156.45 | 145.60 | 143.93 | 145.66 | 157.99 | 157.51 | 163.85 | 165.23 | 183.05 | 190.92 | 209.20 | 191.91 | 182.96 | 162.82 | 142.90 | 146.15 | 171.62 | 171.76 | 182.45 | 175.38 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.33
= 156.45
Floor & Decor Holdings Inc's days of inventory on hand (DOH) has shown fluctuations over the period from March 31, 2020, to December 31, 2024.
The trend in DOH indicates that the company's ability to convert its inventory into sales has varied. In the first half of the period, from March 31, 2020, to March 31, 2022, the company experienced a decreasing trend in DOH, suggesting an improvement in inventory management efficiency.
However, from June 30, 2022, to December 31, 2024, the DOH started to increase again, indicating a potential build-up of inventory levels relative to sales. This increase in DOH could be due to various factors such as changes in consumer demand, supply chain disruptions, or ineffective inventory management practices.
Overall, it is important for Floor & Decor Holdings Inc to closely monitor its inventory levels and strive to maintain an optimal balance to maximize profitability and operational efficiency. Periodic reviews and adjustments to the inventory management processes may be necessary to ensure that inventory turnover is optimized.
Peer comparison
Dec 31, 2024