Inter Parfums Inc (IPAR)
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 | 3.55 | 3.13 | 2.89 | 3.07 | 3.22 | 3.16 | 3.02 | 3.19 | 3.45 | 3.22 | 3.35 | 3.77 | 4.10 | 4.56 | 3.95 | 3.62 | 3.24 | 3.03 | 2.91 | 3.87 | |
DOH | days | 102.79 | 116.79 | 126.43 | 118.87 | 113.39 | 115.44 | 120.90 | 114.48 | 105.94 | 113.29 | 108.82 | 96.93 | 89.01 | 79.98 | 92.33 | 100.80 | 112.65 | 120.47 | 125.38 | 94.31 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.55
= 102.79
Inter Parfums Inc's days of inventory on hand (DOH) provides insight into how efficiently the company manages its inventory. A decreasing trend in DOH over time, as seen from the data provided, indicates better inventory turnover and management.
Looking at the data:
- From March 31, 2020, to June 30, 2021, there was a notable decrease in DOH from 94.31 days to 92.33 days, indicating an improvement in inventory management efficiency during this period.
- However, from September 30, 2021, to December 31, 2024, DOH fluctuated within a range of 79.98 days to 126.43 days, suggesting some instability or challenges in inventory management.
- The highest DOH was recorded on June 30, 2024, at 126.43 days, which may raise concerns about potential inventory obsolescence or inadequate demand forecasting.
- The most recent data point on December 31, 2024, shows a decrease in DOH to 102.79 days, indicating a potential improvement in managing inventory levels for the company.
Overall, monitoring Inter Parfums Inc's DOH over time can provide valuable insights into its inventory management practices and help assess its efficiency in converting inventory into sales.
Peer comparison
Dec 31, 2024