Kroger Company (KR)

Days of inventory on hand (DOH)

Feb 3, 2024 Nov 4, 2023 Aug 12, 2023 May 20, 2023 Jan 28, 2023 Nov 5, 2022 Aug 13, 2022 May 21, 2022 Jan 29, 2022 Nov 6, 2021 Aug 14, 2021 May 22, 2021 Jan 30, 2021 Nov 7, 2020 May 23, 2020 Feb 1, 2020 Nov 9, 2019 Aug 17, 2019 May 25, 2019 Feb 2, 2019
Inventory turnover 16.60 11.12 12.97 12.73 11.82 15.20 16.04 16.25 14.23 15.54 3.34
DOH days 21.99 32.83 28.14 28.67 30.88 24.02 22.75 22.46 25.64 23.49 109.44

February 3, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 16.60
= 21.99

Days of Inventory on Hand (DOH) is a crucial metric that measures how long a company holds its inventory before selling it. A lower DOH indicates that a company is efficiently managing its inventory, while a higher DOH suggests potential issues like overstocking or slow sales.

Analyzing Kroger Company's DOH over the past periods reveals fluctuations in inventory management. On Feb 3, 2024, the DOH was 21.99 days, indicating a relatively efficient inventory turnover. However, on Nov 4, 2023, the DOH increased to 32.83 days, suggesting potential challenges in managing inventory levels.

The DOH on Aug 12, 2023, was 28.14 days, showing some improvement from the previous period. Similarly, the DOH on May 20, 2023, decreased slightly to 28.67 days, indicating better efficiency in inventory management.

It is noteworthy that there are missing data points in the table, which could indicate that these specific periods might require further investigation to understand the inventory management situation during those times.

Overall, Kroger's fluctuations in DOH highlight the importance of closely monitoring inventory levels to optimize operations and ensure efficient working capital management. Further analysis and comparison with industry benchmarks can provide valuable insights into Kroger's inventory management performance.


Peer comparison

Feb 3, 2024