Prestige Brand Holdings Inc (PBH)

Days of inventory on hand (DOH)

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 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 Sep 30, 2020 Jun 30, 2020
Inventory turnover 3.41 3.39 3.26 3.35 3.65 3.42 3.15 3.00 3.10 3.08 3.44 3.54 3.87 4.22 3.98 3.89 3.44 3.44 3.57 3.49
DOH days 107.12 107.78 112.11 109.07 99.95 106.83 115.85 121.53 117.78 118.47 106.25 103.24 94.23 86.43 91.76 93.84 105.99 106.11 102.34 104.44

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 has shown some fluctuation over the past few years.

From June 30, 2020, to September 30, 2021, the DOH decreased steadily from 104.44 days to 91.76 days. This indicates that the company was managing its inventory efficiently during this period. However, from December 31, 2021, to June 30, 2023, there was an increase in the DOH, reaching a peak of 121.53 days. This suggests that the company may have been holding excess inventory during this time, which could tie up capital and result in higher holding costs.

Subsequently, the DOH decreased from September 30, 2023, to March 31, 2025, fluctuating around the 100-day mark. This could indicate improvements in inventory management practices or adjustments in procurement and distribution strategies.

Overall, Prestige Brand Holdings Inc should continue to monitor and optimize its inventory levels to strike a balance between avoiding stockouts and minimizing holding costs, thus ensuring efficient operations and improved financial performance.