Monro Muffler Brake Inc (MNRO)
Days of inventory on hand (DOH)
Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | 5.35 | 5.90 | 5.28 | 4.50 | |
DOH | days | — | 68.20 | 61.90 | 69.16 | 81.08 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the data provided for Monro Muffler Brake Inc's Days of Inventory on Hand (DOH) over the past five years:
- As of March 31, 2021, the company had 81.08 days of inventory on hand, indicating that it took approximately 81.08 days for the company to sell its inventory.
- By March 31, 2022, the DOH decreased to 69.16 days, suggesting an improvement in inventory turnover efficiency.
- The trend continued in March 31, 2023, with the DOH further declining to 61.90 days, indicating the company was managing its inventory more effectively.
- However, by March 31, 2024, the DOH increased slightly to 68.20 days, indicating a potential slowdown in inventory turnover efficiency compared to the previous year.
- The data for March 31, 2025, is marked as "— days," which may suggest that the specific DOH figure for this period is not available or has not been reported.
Overall, the decreasing trend in Days of Inventory on Hand from 2021 to 2023 is generally positive, indicating that Monro Muffler Brake Inc was managing its inventory efficiently in those years. However, the slight increase in DOH in 2024 may warrant further investigation to ensure optimal inventory management practices are maintained.
Peer comparison
Mar 31, 2025