Hawkins Inc (HWKN)
Days of inventory on hand (DOH)
Mar 31, 2025 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | 8.97 | 8.98 | 8.85 | 8.84 | 9.73 | 10.76 | 11.05 | 10.00 | 8.67 | 7.52 | 6.50 | 6.53 | 6.61 | 7.51 | 7.59 | 7.41 | 7.41 | 6.99 | 6.90 | 6.83 | |
DOH | days | 40.70 | 40.63 | 41.25 | 41.30 | 37.53 | 33.92 | 33.02 | 36.50 | 42.08 | 48.52 | 56.19 | 55.90 | 55.20 | 48.60 | 48.06 | 49.28 | 49.27 | 52.25 | 52.92 | 53.44 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.97
= 40.70
The days of inventory on hand (DOH) ratio for Hawkins Inc has been fluctuating over the years, indicating varying efficiency in managing its inventory levels. The trend shows a gradual decrease in DOH from June 30, 2022, to September 30, 2023, which could suggest improved inventory management during this period.
However, from September 30, 2023, to March 31, 2024, there was a significant decrease in efficiency as the DOH ratio increased sharply. This might indicate potential issues with inventory control or ordering processes during that period.
From March 31, 2024, to December 31, 2024, the DOH ratio remained relatively stable, suggesting a potential stabilization in inventory management practices. Overall, Hawkins Inc should continue to monitor and potentially improve its inventory management strategies to maintain optimal levels and avoid excessive holding costs.
Peer comparison
Mar 31, 2025