Generac Holdings Inc (GNRC)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 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 | 3.38 | 3.38 | 3.00 | 2.84 | |
| DOH | days | 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 | 107.88 | 107.93 | 121.74 | 128.38 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.97
= 122.90
To analyze Generac Holdings Inc's Days of Inventory on Hand (DOH) trend, we can see fluctuations in the DOH metric over the past eight quarters.
In Q2 2022, the company had the lowest DOH at 155.03 days, indicating that, on average, it took approximately 155 days for Generac to sell its inventory. This was followed by a slight increase in Q3 2022 to 170.99 days.
However, in subsequent quarters, there was further variability in the DOH metric. Notably, in Q4 2022 and Q1 2023, DOH remained relatively stable at around 169 days.
From Q2 2023 to Q4 2023, there was a clear increasing trend in DOH, reaching its peak at 192.74 days in Q2 2023 before slightly decreasing in Q4 2023 to 160.37 days.
The rising trend in DOH from Q2 2022 to Q2 2023 may suggest potential challenges in managing and selling inventory efficiently. A high DOH can indicate excess inventory levels or difficulties in forecasting demand accurately.
Further analysis and comparisons with industry benchmarks or historical data could provide additional insights into Generac Holdings Inc's inventory management efficiency and potential impact on its overall operational performance.
Peer comparison
Dec 31, 2023
See also:
Generac Holdings Inc Average Inventory Processing Period (Quarterly Data)