Performance Food Group Co (PFGC)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 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 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 13.48 | 14.25 | 16.72 | 15.53 | 14.65 | 15.18 | 15.81 | 15.19 | 14.98 | 13.44 | 13.38 | 11.25 | 10.60 | 14.83 | 15.64 | 16.21 | 15.25 | 14.52 | 12.55 | 15.16 | |
| DOH | days | 27.08 | 25.62 | 21.84 | 23.51 | 24.91 | 24.05 | 23.08 | 24.03 | 24.37 | 27.15 | 27.29 | 32.46 | 34.45 | 24.62 | 23.34 | 22.52 | 23.94 | 25.14 | 29.08 | 24.07 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 13.48
= 27.08
Performance Food Group Co's days of inventory on hand (DOH) has shown some fluctuations over the years. The DOH ranged from a low of 21.84 days on March 31, 2024, to a high of 34.45 days on September 30, 2021. Overall, Performance Food Group Co has managed to maintain its inventory efficiently, with the DOH generally staying within a reasonable range.
There was a slight uptrend in DOH from March 31, 2020, to September 30, 2021, indicating a potential buildup of inventory during this period. However, the company effectively managed its inventory levels as the DOH started to decline after September 30, 2021, and remained relatively stable through December 31, 2024.
The average DOH for the most recent period, from September 30, 2022, to December 31, 2024, was approximately 25.86 days. This suggests that Performance Food Group Co holds, on average, about 25.86 days of inventory on hand to support its operations.
Analyzing the DOH can provide insights into the company's inventory management efficiency, working capital needs, and supply chain effectiveness. Performance Food Group Co should continue monitoring its inventory levels to strike a balance between having enough stock to fulfill customer demand and avoiding excess inventory carrying costs.
Peer comparison
Dec 31, 2024