Vail Resorts Inc (MTN)
Days of inventory on hand (DOH)
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.57 | 3.11 | 3.55 | 4.47 | 3.83 | |
| DOH | days | 102.24 | 117.31 | 102.76 | 81.66 | 95.41 |
July 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.57
= 102.24
The days of inventory on hand (DOH) for Vail Resorts Inc has fluctuated over the past five years. In 2024, the company had 102.24 days' worth of inventory on hand, which was a decrease from 117.31 days in 2023. This suggests that in 2024, Vail Resorts was more efficient in managing its inventory compared to the prior year.
Comparing the current DOH to 2022 and 2021, the company's inventory management in 2024 was relatively consistent with 102.76 days and 81.66 days, respectively. However, there was an increase in DOH in 2024 compared to 2020, where Vail Resorts had 95.41 days of inventory on hand. This may indicate that in 2024, the company was holding onto inventory for a longer period than it did in 2020.
Overall, Vail Resorts Inc's DOH has shown variability over the years, with the recent decrease in 2024 indicating potential improvements in inventory management efficiency. Further analysis of industry benchmarks and trends could provide additional insights into the company's performance in managing its inventory levels.
Peer comparison
Jul 31, 2024