Post Holdings Inc (POST)
Days of inventory on hand (DOH)
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 7.45 | 6.47 | 7.98 | 7.45 | 5.44 | |
| DOH | days | 49.00 | 56.43 | 45.72 | 48.97 | 67.08 |
September 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.45
= 49.00
The days of inventory on hand (DOH) for Post Holdings Inc has fluctuated over the past five years. In 2024, the company had an average of 49.00 days of inventory on hand, showing an improvement from the previous year. This indicates that Post Holdings Inc has been able to manage its inventory more efficiently in the most recent period.
Comparing to 2023 and 2021, where the DOH was 56.43 days and 48.97 days respectively, we see some variability. It is important for the company to monitor this metric closely to ensure that inventory levels are optimized to meet demand without excess inventory tying up capital.
In 2020, Post Holdings Inc had the highest DOH at 67.08 days, indicating a longer time it took for the company to sell its inventory. This may suggest possible inefficiencies in inventory management during that period.
Overall, the trend in DOH for Post Holdings Inc shows some variability, but the recent improvement in 2024 is a positive sign of better inventory management. The company should continue to monitor and optimize its inventory levels to improve operational efficiency and profitability.
Peer comparison
Sep 30, 2024