Post Holdings Inc (POST)
Days of inventory on hand (DOH)
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 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 | 6.71 | 7.23 | 7.61 | |
| DOH | days | 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 | 54.42 | 50.48 | 47.94 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.49
= 56.26
The days of inventory on hand (DOH) for Post Holdings Inc have shown some fluctuations over the past eight quarters. In Q1 2024, the company reported 56.26 days of inventory on hand, which was slightly lower compared to 56.43 days in Q4 2023. This suggests that the company was able to manage its inventory more efficiently in the most recent quarter.
Looking back at the trend, the DOH reached a peak of 60.68 days in Q3 2023 before decreasing to 48.31 days in Q2 2023. This reduction indicates that the company may have implemented better inventory management practices during that period.
Comparing the current DOH data to the same quarter a year ago, there has been an increase in inventory holding days. For instance, in Q1 2023, the DOH was 50.46 days, which is higher than the most recent quarter's figure. This suggests that Post Holdings Inc may be carrying more inventory on hand compared to the same quarter in the previous year.
Overall, analyzing the DOH trend over the past eight quarters shows some variability in inventory management efficiency for Post Holdings Inc. Further investigation into the underlying reasons for these fluctuations would provide a more comprehensive understanding of the company's inventory management practices.
Peer comparison
Dec 31, 2023