Generac Holdings Inc (GNRC)
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 | 3.44 | 3.13 | 2.96 | 2.91 | 2.97 | 2.68 | 2.47 | 2.58 | 2.74 | 2.67 | 2.89 | 2.64 | 2.67 | 2.80 | 3.11 | 3.30 | 3.20 | 3.42 | 3.27 | 3.17 | |
| DOH | days | 106.16 | 116.45 | 123.36 | 125.51 | 122.90 | 136.28 | 147.72 | 141.42 | 133.17 | 136.83 | 126.42 | 138.46 | 136.45 | 130.22 | 117.35 | 110.46 | 114.19 | 106.60 | 111.72 | 115.12 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.44
= 106.16
Generac Holdings Inc's Days of Inventory on Hand (DOH) has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The company's DOH ranged from a high of 147.72 days on June 30, 2023, to a low of 106.16 days on December 31, 2024.
The trend in DOH indicates that the company held inventory for around 115 days to 147 days on average during most periods examined, with some variations in between. Overall, there seems to be a general upward trend in the DOH figures from mid-2021 to mid-2023, followed by a slight decrease towards the end of the period.
A higher DOH may suggest that Generac Holdings Inc is facing challenges in managing its inventory efficiently, potentially leading to higher carrying costs, obsolescence, or lower inventory turnover. Conversely, a lower DOH implies better inventory management and faster turnover of goods.
It is important for the company to monitor its inventory levels closely to strike a balance between meeting customer demand and avoiding excess inventory holding costs. Further analysis of the company's inventory management practices and industry trends would provide more insight into the reasons behind the fluctuations in its DOH.
Peer comparison
Dec 31, 2024
See also:
Generac Holdings Inc Average Inventory Processing Period (Quarterly Data)