Harley-Davidson Inc (HOG)
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 | 4.53 | 5.37 | 6.02 | 4.87 | 3.97 | 4.63 | 4.19 | 4.50 | 3.92 | 5.59 | 5.08 | 5.24 | 5.08 | 7.14 | 7.07 | 6.28 | 5.79 | 10.20 | 7.88 | 6.11 | |
| DOH | days | 80.59 | 67.95 | 60.62 | 74.88 | 91.86 | 78.87 | 87.16 | 81.19 | 93.11 | 65.25 | 71.80 | 69.66 | 71.79 | 51.09 | 51.63 | 58.13 | 63.06 | 35.77 | 46.34 | 59.76 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.53
= 80.59
Harley-Davidson Inc's days of inventory on hand (DOH) metric provides insight into how efficiently the company is managing its inventory. A lower DOH indicates that the company is selling its inventory quickly, while a higher DOH implies that the company may be holding onto inventory for an extended period.
Analyzing the data provided, we observe fluctuations in Harley-Davidson's DOH over the period. In the most recent period ending December 31, 2024, the DOH stood at 80.59 days. This suggests that, on average, Harley-Davidson held inventory for around 80.59 days before selling it.
A closer look at the trend reveals some variability in the DOH metric over the quarters. Notably, there was a spike in DOH for the period ending December 31, 2022, reaching 93.11 days, indicating a potential inventory management challenge during that quarter. Conversely, the lowest DOH was recorded for the period ending September 30, 2020, at 35.77 days, suggesting more efficient inventory turnover during that time.
Overall, fluctuations in Harley-Davidson's DOH may be influenced by factors such as changing consumer demand, production delays, or inventory management strategies. Monitoring and analyzing these fluctuations can provide valuable insights into the company's operational efficiency and inventory management practices.
Peer comparison
Dec 31, 2024