Lamb Weston Holdings Inc (LW)
Days of inventory on hand (DOH)
| May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | May 31, 2022 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 4.13 | 4.75 | 4.20 | 4.80 | 5.69 | |
| DOH | days | 88.41 | 76.91 | 86.81 | 75.99 | 64.18 |
May 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.13
= 88.41
The Days of Inventory on Hand (DOH) for Lamb Weston Holdings Inc have shown fluctuations over the reported periods. The trend reveals an increase in DOH from 64.18 days as of May 31, 2022, to 88.41 days by May 31, 2024. This suggests that the company is holding inventory for a longer duration, which may indicate inefficiencies in inventory management or challenges in demand forecasting. It is essential for the company to closely monitor and optimize its inventory levels to ensure efficient operations and avoid potential obsolescence and carrying costs.
Peer comparison
May 31, 2024
Company name
Symbol
DOH
Lamb Weston Holdings Inc
LW
88.41
Kraft Heinz Co
KHC
44.04
Lancaster Colony Corporation
LANC
37.75
Treehouse Foods Inc
THS
70.16