Hawkins Inc (HWKN)
Days of inventory on hand (DOH)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 8.97 | 9.73 | 8.67 | 6.61 | 7.41 | |
| DOH | days | 40.70 | 37.53 | 42.08 | 55.20 | 49.27 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.97
= 40.70
The days of inventory on hand (DOH) for Hawkins Inc have shown fluctuations over the past five years. In March 2021, the company had 49.27 days of inventory on hand, which increased to 55.20 days by March 2022. However, in the following years, the DOH decreased significantly, reaching 42.08 days by March 2023, 37.53 days by March 2024, and slightly increasing to 40.70 days by March 2025.
A lower DOH typically indicates that the company is efficiently managing its inventory by selling products quickly or holding a lower level of inventory. On the other hand, a higher DOH may suggest potential inefficiencies in inventory management, as it takes longer for the company to sell its inventory.
Overall, the decreasing trend in days of inventory on hand for Hawkins Inc from 2022 to 2024 could indicate improved inventory management practices or a more efficient sales process. However, the slight increase in DOH in 2025 should be monitored to understand if there are any changing dynamics in the company's inventory management.
Peer comparison
Mar 31, 2025