Jack In The Box Inc (JACK)

Days of inventory on hand (DOH)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Inventory turnover		187.29	224.08	138.18	162.41	191.77
DOH	days	1.95	1.63	2.64	2.25	1.90

September 30, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 187.29
= 1.95

Based on the data provided, the days of inventory on hand (DOH) for Jack In The Box Inc have fluctuated over the past five years. In 2024, the company had 1.95 days of inventory on hand, which indicates that, on average, it takes around 1.95 days for the company to sell its inventory. This is an increase from the previous year where the DOH was 1.63 days.

Comparing the DOH to previous years, we can see that in 2022 and 2021, Jack In The Box Inc had higher DOH at 2.64 days and 2.25 days, respectively. This suggests that the company took longer to sell its inventory during those years compared to the most recent period.

On the other hand, in 2020, the company had a DOH of 1.90 days, indicating that it was more efficient in managing its inventory during that year compared to the other years presented.

Overall, fluctuations in the days of inventory on hand for Jack In The Box Inc suggest varying levels of inventory management efficiency over the years, which may require further investigation to understand the factors driving these changes.