Greenbrier Companies Inc (GBX)
Days of inventory on hand (DOH)
| Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 | Aug 31, 2020 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 4.25 | 3.28 | 2.64 | 4.61 | 4.01 | |
| DOH | days | 85.82 | 111.38 | 138.08 | 79.24 | 90.97 |
August 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.25
= 85.82
To analyze Greenbrier Cos., Inc.'s days of inventory on hand (DOH) over the past five years, we observe a fluctuating trend. The DOH was 85.82 days as of August 31, 2023, which reflects a decrease compared to the previous year's 111.38 days. This reduction may indicate a more efficient management of inventory, possibly through improved inventory control or demand forecasting.
Looking further back, the trend reveals a pattern of volatility in inventory management. In 2021, the DOH was 138.07 days, substantially higher than the current level. This suggests potential challenges in managing inventory levels and could indicate inefficiencies in production or logistics.
The 2020 and 2019 data show a fluctuation in DOH, indicating potential shifts in operational and supply chain dynamics. The decrease in 2020 followed by an increase in 2019 suggests variability in demand and inventory management practices.
In conclusion, the varying DOH figures imply changes in inventory management effectiveness over the years, showcasing potential efforts to optimize inventory levels and operational efficiency. However, a comprehensive analysis would require complementary data and insights into the company's operations and industry dynamics.
Peer comparison
Aug 31, 2023