La-Z-Boy Incorporated (LZB)
Days of inventory on hand (DOH)
Apr 30, 2025 | Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | ||
---|---|---|---|---|---|---|
Inventory turnover | 4.63 | 4.43 | 4.43 | 4.85 | 5.01 | |
DOH | days | 78.78 | 82.45 | 82.45 | 75.21 | 72.82 |
April 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.63
= 78.78
The days of inventory on hand (DOH) for La-Z-Boy Incorporated reflect the average number of days the company holds inventory before it is sold. Based on the provided data, the company’s DOH has experienced some fluctuation over the reported periods.
As of April 29, 2023, the DOH was approximately 72.82 days, indicating that, on average, inventory was held for slightly over two months. By the next reporting period on April 30, 2023, the DOH increased to 75.21 days, suggesting a modest extension in inventory holding period.
A significant change occurred by April 27, 2024, when the DOH rose to 82.45 days. This represents an increase of approximately 7.24 days from the previous year, indicating that inventory turnover slowed, and inventory remained in stock for a longer duration. The same DOH figure was maintained on April 30, 2024, confirming consistency in this period.
Looking further ahead, by April 30, 2025, the DOH slightly decreased to 78.78 days. While still higher than the figures from April 2023, this reduction indicates a partial reversal of the prior increase, pointing toward improved inventory management or changes in sales dynamics.
Overall, the trend demonstrates an increase in the average inventory holding period from approximately 73 days in early 2023 to over 82 days in early 2024, followed by a partial normalization closer to 79 days in 2025. These movements may reflect strategic adjustments in inventory levels, variations in demand or sales efficiency, or supply chain considerations.
Peer comparison
Apr 30, 2025