Skyline Corporation (SKY)
Days of inventory on hand (DOH)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 4.83 | 8.84 | 6.70 | 6.82 | |
| DOH | days | — | 75.59 | 41.29 | 54.44 | 53.50 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
To analyze Skyline Corporation's days of inventory on hand (DOH) over the past five years:
1. Skyline Corporation's DOH has shown fluctuations over the years, ranging from a low of 41.29 days on March 31, 2023, to a high of 75.59 days on March 31, 2024.
2. In the latest reported period, as of March 31, 2024, Skyline Corporation's DOH increased significantly to 75.59 days, indicating that the company may be carrying excess inventory that is taking longer to sell.
3. A higher DOH may suggest inefficiencies in inventory management, potentially leading to increased storage costs, stranded capital, and the risk of inventory becoming obsolete.
4. It is noteworthy that on March 31, 2025, the data shows "— days," suggesting incomplete or missing information for that period, which hinders a comprehensive analysis.
5. Overall, Skyline Corporation should aim to optimize its inventory levels to strike a balance between ensuring product availability for customers and minimizing holding costs associated with excessive inventory levels.
Peer comparison
Mar 31, 2025