RBC Bearings Incorporated (RBC)
Days of inventory on hand (DOH)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 1.39 | 1.43 | 1.47 | 1.14 | 1.03 | |
| DOH | days | 262.46 | 255.48 | 247.91 | 321.56 | 354.55 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.39
= 262.46
The days of inventory on hand (DOH) represents the average number of days a company holds onto its inventory before it is sold. A lower DOH indicates a faster inventory turnover, implying efficient inventory management.
Based on the data provided for RBC Bearings Incorporated:
- As of March 31, 2021, the company had 354.55 days of inventory on hand, suggesting a relatively slower inventory turnover.
- By March 31, 2022, the DOH decreased to 321.56 days, indicating a slight improvement in inventory management efficiency.
- Subsequently, as of March 31, 2023, the DOH significantly dropped to 247.91 days, reflecting a notable enhancement in inventory turnover.
- However, by March 31, 2024, the DOH slightly increased to 255.48 days, potentially indicating a minor slowdown in inventory turnover.
- Lastly, as of March 31, 2025, the DOH rose to 262.46 days, further signaling a potential slowdown in inventory turnover compared to the previous year.
Overall, RBC Bearings Incorporated has shown fluctuations in its DOH over the years, with some improvement in inventory turnover efficiency but also some periods of potential slowdown. Monitoring and managing inventory levels effectively will be crucial for the company to maintain optimal working capital levels and profitability.
Peer comparison
Mar 31, 2025