Kraft Heinz Co (KHC)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		8.29	6.39	6.58	8.90	9.94
DOH	days	44.04	57.16	55.48	41.01	36.71

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.29
= 44.04

The days of inventory on hand (DOH) for Kraft Heinz Co has shown fluctuations over the years. In 2020, the company had approximately 36.71 days of inventory on hand, which increased to 41.01 days by the end of 2021. This suggests that the company held inventory for a slightly longer period in 2021 compared to the previous year.

By the end of 2022, the DOH significantly increased to 55.48 days, indicating that the company was holding inventory for a longer period compared to the previous year. The trend continued in 2023, with DOH further increasing to 57.16 days, indicating a continued buildup of inventory.

However, by the end of 2024, the DOH decreased to 44.04 days, showing a decline in the number of days of inventory on hand compared to the previous year. This could suggest that the company managed its inventory more efficiently in 2024 or experienced increased sales relative to inventory levels.

Overall, the fluctuating trend in DOH for Kraft Heinz Co indicates changes in inventory management and sales patterns over the years, which could be influenced by various factors such as demand fluctuations, supply chain disruptions, or strategic inventory management decisions.