The Marzetti Company (MZTI)
Days of inventory on hand (DOH)
Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
---|---|---|---|---|---|---|
Inventory turnover | 8.59 | 8.31 | 9.06 | 9.13 | 8.86 | |
DOH | days | 42.52 | 43.93 | 40.28 | 39.99 | 41.18 |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.59
= 42.52
The analysis of The Marzetti Company’s days of inventory on hand (DOH) over the period from June 30, 2021, to June 30, 2025, indicates a relatively stable inventory management pattern with marginal fluctuations. As of June 30, 2021, the DOH was approximately 41.18 days, which slightly decreased to 39.99 days by June 30, 2022. This suggests a minor improvement in inventory turnover or more efficient inventory utilization during this period.
However, the DOH slightly increased to 40.28 days by June 30, 2023, reflecting a modest slowdown in inventory turnover or a buildup in inventory levels. The trend continued upward into June 30, 2024, reaching 43.93 days, which indicates that inventories were held, on average, for a longer duration, possibly due to changes in production schedules, supply chain considerations, or demand forecasts.
By June 30, 2025, the DOH slightly decreased to 42.52 days, showing a slight adjustment toward more efficient inventory management, although the metric remains higher than the levels observed in 2021 and 2022. Overall, the data demonstrates a pattern of minor fluctuations in inventory days, remaining within a narrow range, with an overall trend suggesting stability in inventory management but with some periods of increased holding periods.
Peer comparison
Jun 30, 2025