Hasbro Inc (HAS)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 5.34 | 6.43 | 3.55 | 4.61 | 5.79 | |
| DOH | days | 68.38 | 56.78 | 102.72 | 79.09 | 63.09 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.34
= 68.38
Hasbro Inc's days of inventory on hand (DOH) has seen fluctuations over the past five years. At the end of December 31, 2020, the company held inventory for an average of 63.09 days. This figure increased to 79.09 days by December 31, 2021, indicating a lengthening of the time it takes to sell its inventory.
The trend continued into December 31, 2022, with the DOH further increasing to 102.72 days. This significant rise suggests potential issues with inventory management or demand forecasting during that period. However, by December 31, 2023, the DOH decreased to 56.78 days, indicating a more efficient inventory turnover.
Subsequently, by December 31, 2024, the DOH slightly increased to 68.38 days, still below the peak observed in 2022. The fluctuation in DOH levels reflects changes in Hasbro's inventory management practices and market demand for its products over the years. Further investigation into the factors influencing these fluctuations may provide insights into Hasbro's operational efficiency and supply chain management effectiveness.