Starbucks Corporation (SBUX)
Days of inventory on hand (DOH)
| Sep 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 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 7.57 | 7.56 | 7.99 | 7.23 | 6.50 | 6.30 | 5.91 | 5.56 | 5.53 | 6.03 | 6.85 | 6.76 | 6.69 | 6.69 | 7.00 | 6.97 | 5.98 | 7.25 | 8.19 | 7.92 | |
| DOH | days | 48.19 | 48.30 | 45.66 | 50.46 | 56.19 | 57.92 | 61.79 | 65.66 | 66.02 | 60.57 | 53.27 | 54.01 | 54.55 | 54.57 | 52.16 | 52.39 | 61.06 | 50.34 | 44.56 | 46.10 |
September 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.57
= 48.19
The Days of Inventory on Hand (DOH) for Starbucks Corporation has fluctuated over the past few quarters. The trend indicates a slight increase in the DOH ratio from December 2021 to March 2023, reaching a peak of 61.79 days. Subsequently, there was a gradual decline in DOH until September 2023 but increased again to 50.46 days by that time. From September 2023 to September 2024, the DOH remained relatively stable around the mid to high 40s days, with the latest reported figure being 48.19 days.
Overall, the fluctuations in the DOH ratio suggest that Starbucks may have experienced some challenges in managing its inventory efficiently during certain periods. It is essential for Starbucks to monitor and control its inventory levels effectively to optimize cash flow and minimize carrying costs associated with excess inventory.
Peer comparison
Sep 30, 2024
See also:
Starbucks Corporation Average Inventory Processing Period (Quarterly Data)