John B Sanfilippo & Son Inc (JBSS)
Days of inventory on hand (DOH)
| Jun 30, 2025 | 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 | Dec 23, 2021 | Sep 30, 2021 | Sep 23, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 3.55 | 3.50 | 4.48 | 4.66 | 4.34 | 3.86 | 3.95 | 4.37 | 4.56 | 4.26 | 4.63 | 4.08 | 3.82 | 3.58 | 4.20 | 3.97 | 4.40 | 4.44 | 4.55 | 4.46 | |
| DOH | days | 102.82 | 104.15 | 81.53 | 78.39 | 84.07 | 94.59 | 92.50 | 83.59 | 80.05 | 85.72 | 78.87 | 89.42 | 95.53 | 101.98 | 86.87 | 91.89 | 83.03 | 82.27 | 80.21 | 81.82 |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.55
= 102.82
The days of inventory on hand (DOH) for John B Sanfilippo & Son Inc. over the analyzed period exhibit notable fluctuations indicative of inventory management patterns and capital allocation strategies. Starting from a relatively consistent level of approximately 81.82 days as of March 31, 2021, the DOH slightly decreased to around 80.21 days by June 30, 2021, and remained relatively stable through September 2021 at approximately 82.27 to 83.03 days. A significant increase is observed toward the end of 2021, with DOH rising to 91.89 days on December 23, 2021, and slightly decreasing to 86.87 days by December 31, 2021.
During the first quarter of 2022, DOH continued to escalate, reaching 101.98 days as of March 31, 2022, implying a lengthening of inventory holding periods. This trend persisted into mid-2022, with DOH recorded at 95.53 days on June 30, 2022, and further at 89.42 days by September 30, 2022, reflecting ongoing adjustments in inventory turnover.
A notable decrease is evident at the close of 2022, with the DOH falling to 78.87 days on December 31, 2022. Moving into 2023, the DOH experienced slight increases and decreases, with readings of 85.72 days in March 2023, and a dip to 80.05 days in June 2023, followed by a modest rise to 83.59 days in September 2023. At year-end, December 31, 2023, the DOH further rose to 92.50 days.
In the subsequent periods through 2024 and into 2025, fluctuations continued with the DOH reaching 94.59 days on March 31, 2024, decreasing again to 84.07 days by June 30, 2024, and then decreasing further to 78.39 days in September 2024. The year concluded with a slight increase to 81.53 days at December 31, 2024. The most recent data point, March 31, 2025, indicates a significant rise to 104.15 days, with a slight decrease to 102.82 days by June 30, 2025.
Overall, the pattern of DOH indicates periods of inventory buildup, particularly notable in early 2022 and at the end of 2023, contrasted with periods of inventory reduction in late 2022 and mid-2024. These fluctuations may reflect tactical inventory management responses to market conditions, supply chain considerations, or strategic inventory positioning tailored to demand forecasts and production cycles. The upward trend observed toward the most recent quarter suggests a potential elongation in inventory holding periods, which could have implications for working capital utilization and liquidity management.
Peer comparison
Jun 30, 2025