McKesson Corporation (MCK)

Days of inventory on hand (DOH)

Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020
Inventory turnover 14.48 13.86 14.11 12.68 13.71
DOH days 25.21 26.33 25.87 28.78 26.63

March 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 14.48
= 25.21

The days of inventory on hand (DOH) for McKesson Corporation decreased slightly from 26.33 days in March 2023 to 25.21 days in March 2024. This indicates that McKesson is managing its inventory more efficiently, taking fewer days to sell its inventory on hand. The trend over the past five years shows some fluctuations in inventory management, with the lowest DOH of 25.21 days in March 2024 and the highest DOH of 28.78 days in March 2021. Overall, the decreasing trend in DOH suggests that McKesson has been improving its inventory turnover efficiency, which is a positive sign for the company's operational performance.


Peer comparison

Mar 31, 2024


See also:

McKesson Corporation Average Inventory Processing Period