Monro Muffler Brake Inc (MNRO)
Days of inventory on hand (DOH)
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Dec 23, 2023 | Sep 30, 2023 | Sep 23, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | 4.42 | 4.84 | 3.63 | 3.98 | 3.83 | 3.88 | 5.65 | 5.75 | 6.05 | 5.90 | 6.27 | 6.56 | 6.91 | 5.28 | 5.02 | 4.97 | 4.70 | 4.50 | 4.34 | |
| DOH | days | — | 82.61 | 75.41 | 100.48 | 91.82 | 95.20 | 94.04 | 64.58 | 63.46 | 60.30 | 61.90 | 58.26 | 55.68 | 52.83 | 69.16 | 72.64 | 73.50 | 77.70 | 81.08 | 84.17 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Monro Muffler Brake Inc's Days of Inventory on Hand (DOH) has exhibited a fluctuating trend over the past few years, as reflected in the provided data. The DOH measures the average number of days that inventory is held before being sold or used, indicating how quickly the company is able to turn its inventory into sales.
From December 31, 2020, to March 31, 2022, the DOH showed a consistent downward trend, suggesting an improvement in inventory management efficiency. The lowest point was reached on June 30, 2022, at 52.83 days, indicating that Monro Muffler Brake Inc was selling its inventory at a faster rate during that period.
However, from September 30, 2022, to June 30, 2023, there was an upward trend in DOH, indicating that inventory was being held for a longer period before being sold. This could be a concerning sign as it may lead to higher carrying costs and potential obsolescence risks.
The DOH peaked at 100.48 days on June 30, 2024, which is significantly higher compared to previous periods. This could indicate overstocking or slow-moving inventory, which might require attention from the management to address inventory management issues.
As of March 31, 2025, the data is not available, so it is important to monitor the trend in subsequent periods to understand whether the company has efficiently managed its inventory or if there are further concerns that need to be addressed to optimize working capital and operational efficiency.
Peer comparison
Mar 31, 2025