H B Fuller Company (FUL)
Days of inventory on hand (DOH)
| Nov 30, 2024 | Aug 31, 2024 | Jun 1, 2024 | Mar 2, 2024 | Dec 2, 2023 | Sep 2, 2023 | Jun 3, 2023 | Mar 4, 2023 | Dec 3, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 5.36 | 4.87 | 4.98 | 5.06 | 5.66 | 5.47 | 5.28 | 5.20 | 5.66 | 4.99 | 4.92 | 4.64 | 5.43 | 5.06 | 5.17 | 5.38 | 6.29 | 5.67 | 5.20 | 5.44 | |
| DOH | days | 68.07 | 74.99 | 73.24 | 72.18 | 64.49 | 66.79 | 69.08 | 70.17 | 64.44 | 73.13 | 74.19 | 78.64 | 67.28 | 72.14 | 70.61 | 67.87 | 58.01 | 64.40 | 70.17 | 67.07 |
November 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.36
= 68.07
The days of inventory on hand (DOH) for H B Fuller Company have displayed some fluctuations over the period analyzed. The DOH ranged from a low of 58.01 days on November 28, 2020, to a high of 78.64 days on February 26, 2022. It is important to note that a lower DOH indicates a more efficient management of inventory, while a higher DOH suggests potential issues with inventory management and liquidity.
Overall, H B Fuller Company's inventory turnover seems to have experienced some variability, which could be impacted by factors such as seasonal fluctuations, changes in demand, or supply chain disruptions. It is essential for the company to closely monitor its inventory levels and implement strategies to optimize inventory turnover, improve cash flow, and maintain a healthy balance between holding enough inventory to meet customer demand and avoiding excess stockpiling.
Peer comparison
Nov 30, 2024