Post Holdings Inc (POST)
Days of inventory on hand (DOH)
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 | Mar 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | 7.45 | 7.02 | 6.93 | 6.49 | 6.47 | 6.29 | 7.92 | 7.59 | 7.98 | 8.05 | 7.61 | 6.03 | 7.85 | 4.54 | 4.79 | 5.61 | 5.44 | 6.45 | 7.04 | 6.61 | |
DOH | days | 49.00 | 52.03 | 52.65 | 56.26 | 56.43 | 58.03 | 46.11 | 48.08 | 45.72 | 45.36 | 47.94 | 60.57 | 46.48 | 80.43 | 76.28 | 65.05 | 67.08 | 56.60 | 51.81 | 55.20 |
September 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.45
= 49.00
The days of inventory on hand (DOH) for Post Holdings Inc have shown some fluctuations over the past few quarters. DOH represents the number of days a company holds inventory before selling it.
In the most recent quarter, the DOH was 49.00 days, showing a slight decrease from the previous quarter's 52.03 days, indicating that the company may have been managing its inventory more efficiently.
Looking back over the past year, the DOH has ranged from a low of 45.36 days to a high of 80.43 days. The spike in DOH to 80.43 days in the third quarter of 2021 may suggest potential challenges with inventory management or fluctuations in demand.
Overall, it is important for Post Holdings Inc to continually monitor and optimize its inventory levels to ensure efficient operations and maximize profitability. By analyzing DOH trends over time, the company can identify areas for improvement and make informed decisions about inventory management strategies.
Peer comparison
Sep 30, 2024