Papa John's International Inc (PZZA)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 7.56 | 7.02 | 8.35 | 8.93 | 10.12 | |
| DOH | days | 48.26 | 52.02 | 43.72 | 40.88 | 36.07 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.56
= 48.26
To calculate the days of inventory on hand (DOH) for Papa John's International, Inc., we need the inventory turnover ratio. Inventory turnover ratio is calculated as Cost of Goods Sold divided by Average Inventory. The formula for days of inventory on hand is 365 days divided by the inventory turnover ratio.
Unfortunately, without the values for Cost of Goods Sold and Inventory for the respective years provided in the table, we are unable to calculate the DOH for Papa John's International, Inc. It is essential to have the complete financial data to conduct a precise analysis of the company's inventory management efficiency over the years.
Therefore, based on the lack of specific data, a detailed analysis of Papa John's International, Inc.'s days of inventory on hand cannot be provided at this time.
Peer comparison
Dec 31, 2023