Somnigroup International Inc. (SGI)
Days of inventory on hand (DOH)
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 6.15 | 5.49 | 5.36 | 5.65 | 5.79 | 5.84 | 5.43 | 5.05 | 5.17 | 4.89 | 4.79 | 5.00 | 5.98 | 6.73 | 7.43 | 6.77 | 6.53 | 7.08 | 6.99 | 6.66 | |
| DOH | days | 59.31 | 66.49 | 68.16 | 64.62 | 63.05 | 62.46 | 67.17 | 72.25 | 70.54 | 74.66 | 76.15 | 73.07 | 61.08 | 54.27 | 49.11 | 53.92 | 55.88 | 51.54 | 52.19 | 54.83 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.15
= 59.31
The days of inventory on hand (DOH) for Somnigroup International Inc. have experienced fluctuations over the past few years. The company's DOH ranged from a low of 49.11 days on June 30, 2021, to a high of 76.15 days on June 30, 2022.
Overall, the trend appears to have been somewhat volatile, with periods of significant increases and decreases in DOH. For instance, there was a notable increase in DOH from December 31, 2021, to March 31, 2022, reaching 73.07 days, followed by a decrease to 67.17 days by June 30, 2023.
It is important to note that a higher DOH value indicates that the company is holding inventory for a longer period, which may tie up capital and increase holding costs. Conversely, a lower DOH value might suggest efficient inventory management but could also indicate the risk of stockouts.
Analyzing these fluctuations in DOH can provide insights into Somnigroup International Inc.'s inventory management efficiency, business cycles, and overall operational performance. Additional context and comparison with industry standards would be helpful to assess the effectiveness and competitiveness of the company's inventory management strategies.
Peer comparison
Dec 31, 2024