Greenbrier Companies Inc (GBX)
Days of inventory on hand (DOH)
| Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 3.87 | 3.71 | 3.90 | 3.95 | 4.25 | 3.87 | 3.56 | 3.28 | 3.28 | 3.01 | 2.76 | 2.62 | 2.64 | 2.86 | 3.57 | 4.33 | 4.61 | 3.92 | 3.87 | 3.83 | |
| DOH | days | 94.23 | 98.35 | 93.49 | 92.32 | 85.82 | 94.34 | 102.49 | 111.44 | 111.38 | 121.45 | 132.48 | 139.07 | 138.08 | 127.41 | 102.37 | 84.25 | 79.24 | 93.02 | 94.29 | 95.24 |
August 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.87
= 94.23
The Days of Inventory on Hand (DOH) for Greenbrier Companies Inc has shown fluctuation over the past several quarters. From Aug 2024 to May 2023, the DOH increased from 94.23 days to 102.49 days before decreasing to 85.82 days in Aug 2023. The trend then reversed with the DOH rising steadily to 132.48 days by Feb 2022.
There was a sharp decrease in DOH by Nov 2021 to 84.25 days before rising again to 139.07 days by Feb 2021. Subsequently, the DOH decreased to 79.24 days in Nov 2020 but climbed back up to 95.24 days by Feb 2020.
Overall, the company's DOH has shown significant variability in inventory management efficiency over this period, with periods of both increase and decrease in the number of days of inventory held by the company. Further analysis and comparison with industry benchmarks would be necessary to assess the effectiveness of Greenbrier Companies Inc's inventory management strategies.
Peer comparison
Aug 31, 2024