Keurig Dr Pepper Inc (KDP)

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		9.99	8.94	9.58	9.93	10.53	9.09	9.08	9.01	9.29	8.30	9.00	10.12	11.63	10.03	10.70	11.34	12.48	11.34	12.54	13.57
DOH	days	36.52	40.81	38.12	36.77	34.68	40.13	40.18	40.50	39.31	44.00	40.54	36.05	31.39	36.38	34.12	32.19	29.24	32.18	29.10	26.89

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 9.99
= 36.52

The Days of Inventory on Hand (DOH) for Keurig Dr Pepper Inc has shown a fluctuating trend over the years based on the provided data.

In March 2020, the DOH stood at 26.89 days, indicating that the company held its inventory for approximately 27 days before selling it. This figure increased to 32.19 days by March 2021, suggesting a potential slowdown in inventory turnover. However, the DOH decreased slightly to 31.39 days by December 2021.

The trend then saw a gradual increase in the DOH, reaching 44.00 days by September 2022, which is a notable uptick from previous periods. Subsequently, the DOH figures stabilized around the range of 36 to 40 days from March 2023 to June 2024, with a peak of 40.81 days in September 2024.

Overall, the trend in DOH for Keurig Dr Pepper Inc indicates fluctuations in inventory management efficiency over the period, with some periods showing higher inventory turnover and others suggesting a slower turnover rate. Further analysis incorporating industry benchmarks and qualitative factors could provide deeper insights into the company's inventory management practices and overall operational efficiency.