Lamb Weston Holdings Inc (LW)
Days of inventory on hand (DOH)
| May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 4.88 | 3.96 | 3.94 | 4.37 | 4.31 | 4.34 | 4.12 | 4.21 | 4.50 | 4.56 | 6.11 | 5.76 | 5.01 | 4.56 | 4.47 | 4.47 | 4.53 | 4.53 | 5.89 | 5.70 | |
| DOH | days | 74.80 | 92.25 | 92.56 | 83.49 | 84.67 | 84.11 | 88.65 | 86.72 | 81.03 | 80.12 | 59.69 | 63.37 | 72.82 | 80.02 | 81.60 | 81.68 | 80.59 | 80.50 | 62.01 | 64.03 |
May 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.88
= 74.80
The analysis of Lamb Weston Holdings Inc.'s days of inventory on hand (DOH) over the provided period reveals notable fluctuations and trends. During late August 2022, the DOH was approximately 64 days, indicating a relatively efficient inventory turnover. This figure decreased slightly to around 62 days by August 31, 2022.
However, by late November 2022, the DOH increased significantly to over 80 days, reaching approximately 80.5 days and 80.6 days in late November, suggesting a slowdown in inventory turnover or a buildup of inventory at that time. This elevated level persisted into early 2023, with DOH values of roughly 81.7 days on February 26, 2023, and 81.6 days on February 28, 2023.
The first half of 2023 overall reflected a degree of stability, with the DOH generally remaining around 80 days. Notably, a decline occurred in late May 2023, with the DOH decreasing to approximately 72.8 days, indicating improved inventory management or increased sales. Nonetheless, this improvement was temporary, as by late August 2023, the DOH decreased further to about 59.7 days, highlighting a more aggressive inventory turnover in that period.
Subsequently, from late August 2023 through late November 2023, the DOH increased again to roughly 80 days, reverting to levels observed earlier in the period. The trend continued into early 2024, with the DOH rising markedly to above 86 days, peaking at approximately 88.7 days by late February 2024. This represents a significant elongation in inventory holding periods, potentially indicating slower sales, supply chain build-up, or strategic inventory accumulation.
The latter part of the observed period, from May to August 2024, showed some reduction in DOH, with values declining from around 84 days to approximately 83.5 days. However, the upward trend resumed, and by late November 2024, the DOH reached approximately 92.6 days, which is the highest recorded in the data set, suggesting substantial inventory accumulation or decreased sales velocity. The DOH remained elevated into early 2025, with values around 92 days in February and slightly decreasing to approximately 75 days in late May 2025.
This cyclical fluctuation indicates periods of inventory buildup followed by periods of improved turnover, with recent data showing a notable peak in late 2024. The overall pattern points to varying inventory management dynamics, with extended inventory holding periods during certain intervals that could be due to market conditions, supply chain considerations, or strategic inventory positioning.
Peer comparison
May 31, 2025