LCI Industries (LCII)

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		3.88	4.12	4.30	4.04	3.92	3.89	3.87	3.89	3.82	3.80	3.59	3.39	3.13	3.91	4.49	4.39	4.23	5.27	5.44	5.35
DOH	days	93.96	88.66	84.91	90.39	93.22	93.86	94.37	93.74	95.54	95.96	101.78	107.68	116.63	93.27	81.23	83.19	86.25	69.24	67.07	68.28

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.88
= 93.96

LCI Industries' days of inventory on hand (DOH) have fluctuated over the years, ranging from a low of 67.07 days on June 30, 2020, to a high of 116.63 days on December 31, 2021. The trend shows some volatility but generally indicates an increasing trend in the latter years, peaking in December 2021 and gradually decreasing thereafter.

The company's DOH figure signifies the average number of days the company holds on to its inventory before selling it. A higher DOH value may indicate slower inventory turnover, which could tie up cash flow and increase holding costs. On the other hand, a lower DOH may suggest efficient inventory management and quicker turnover, potentially leading to better liquidity and profitability.

Overall, monitoring the DOH metric can provide insights into LCI Industries' inventory management efficiency, helping stakeholders assess the company's operational effectiveness and potential financial risks associated with inventory levels.