Dorian LPG Ltd (LPG)
Days of inventory on hand (DOH)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 81.69 | 71.36 | 80.33 | 84.28 | |
| DOH | days | — | 4.47 | 5.11 | 4.54 | 4.33 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) is a measure that indicates how many days a company takes to sell its average inventory during a specific period.
According to the data provided for Dorian LPG Ltd:
- As of March 31, 2021, the company had an inventory holding period of 4.33 days.
- By March 31, 2022, the DOH increased slightly to 4.54 days.
- The DOH further rose to 5.11 days by March 31, 2023, indicating a longer period for inventory turnover.
- However, by March 31, 2024, the DOH decreased to 4.47 days, showing a reduction in the time taken to sell inventory.
- The data for March 31, 2025, is unavailable, denoted by "— days."
Overall, the trend in the DOH for Dorian LPG Ltd shows some fluctuation over the years, with a general pattern of an increase from 2021 to 2023 and a decrease in 2024, possibly indicating changes in inventory management strategies or sales patterns during these periods.