Prestige Brand Holdings Inc (PBH)

Days of inventory on hand (DOH)

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Inventory turnover 3.41 3.61 3.10 3.87 3.44
DOH days 107.12 101.08 117.78 94.23 105.99

March 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.41
= 107.12

The days of inventory on hand (DOH) for Prestige Brand Holdings Inc have exhibited some fluctuations over the past five years. In March 2021, the company had inventory on hand for approximately 105.99 days, which decreased to 94.23 days by March 2022. However, there was an increase in DOH to 117.78 days by March 2023. Subsequently, the DOH decreased to 101.08 days by March 2024 and then slightly increased to 107.12 days by March 2025.

The company's DOH indicates the average number of days it takes for inventory to be sold or used. A high DOH can suggest inefficient inventory management or overstocking, leading to increased storage costs and potential obsolescence. On the other hand, a low DOH can indicate potential stockouts or missed sales opportunities.

Prestige Brand Holdings Inc may benefit from assessing the reasons behind the fluctuations in its DOH and implementing strategies to optimize its inventory levels to improve operational efficiency and maintain a balance between inventory costs and sales demand.