Jack In The Box Inc (JACK)

Days of inventory on hand (DOH)

		Jan 21, 2024	Sep 30, 2023	Jul 9, 2023	Apr 16, 2023	Jan 22, 2023	Sep 30, 2022	Jul 10, 2022	Apr 17, 2022	Jan 23, 2022	Sep 30, 2021	Jun 30, 2021	Apr 11, 2021	Jan 17, 2021	Sep 30, 2020	Jul 5, 2020	Apr 12, 2020	Jan 19, 2020	Sep 30, 2019	Jul 7, 2019	Apr 14, 2019
Inventory turnover		190.53	224.18	189.55	167.37	167.13	138.18	97.15	77.21	146.71	162.41	167.79	158.81	136.16	139.98	74.23	85.67	113.27	147.24	176.89	175.77
DOH	days	1.92	1.63	1.93	2.18	2.18	2.64	3.76	4.73	2.49	2.25	2.18	2.30	2.68	2.61	4.92	4.26	3.22	2.48	2.06	2.08

January 21, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 190.53
= 1.92

To perform a detailed analysis of Jack In The Box, Inc.'s Days of Inventory on Hand (DOH) based on the provided data, we first observe that specific DOH figures for each respective quarter are not available in the table. Therefore, a direct comparison or trend analysis of DOH over time is not feasible with the given information.

To thoroughly evaluate DOH, we would require the inventory turnover ratio and the cost of goods sold (COGS) for each quarter to calculate the DOH figure. This calculation involves dividing the average inventory for the period by the COGS and then converting it into days by dividing by 365 (number of days in a year).

Moreover, a declining DOH indicates that the company is selling its inventory faster, which could be a positive sign of efficient inventory management. Conversely, an increasing DOH might suggest potential issues such as excess inventory levels or slower sales turnover.

In conclusion, further financial data and calculations are needed to provide a comprehensive analysis of Jack In The Box, Inc.'s Days of Inventory on Hand and to derive meaningful insights into the company's inventory management efficiency.