Acushnet Holdings Corp (GOLF)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 2.20 | 1.83 | 1.62 | 2.49 | 2.19 | |
| DOH | days | 165.62 | 198.91 | 225.70 | 146.54 | 166.88 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.20
= 165.62
The days of inventory on hand (DOH) of Acushnet Holdings Corp have fluctuated over the past five years, ranging from a low of 146.54 days on December 31, 2021, to a high of 225.70 days on December 31, 2022. The DOH indicates the number of days a company holds inventory before it is sold, reflecting its efficiency in managing inventory levels.
On average, Acushnet Holdings Corp held inventory for approximately 180 days over the period analyzed. A lower DOH, such as in 2021, suggests more efficient inventory management, quicker turnover, and potentially lower carrying costs. Conversely, a higher DOH, like in 2022, may indicate excess inventory levels, potential obsolescence, or difficulty in selling goods.
The trend in the DOH of Acushnet Holdings Corp shows variability, implying potential changes in production, sales patterns, or supply chain effectiveness. Further analysis of the underlying factors driving these fluctuations, along with comparisons to industry peers, can provide additional insights into the company's operational performance and inventory management strategies.
Peer comparison
Dec 31, 2024