Skyline Corporation (SKY)
Days of inventory on hand (DOH)
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 3.83 | 5.14 | 5.18 | 4.95 | 4.55 | 5.00 | 7.91 | 8.28 | 8.85 | 8.54 | 7.72 | 5.88 | 6.70 | 8.21 | 8.04 | 6.85 | 6.82 | 7.82 | 7.76 | 8.76 | |
| DOH | days | 95.32 | 71.00 | 70.49 | 73.78 | 80.16 | 73.07 | 46.15 | 44.10 | 41.24 | 42.75 | 47.29 | 62.07 | 54.44 | 44.45 | 45.37 | 53.28 | 53.51 | 46.66 | 47.04 | 41.68 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.83
= 95.32
The days of inventory on hand (DOH) for Skyline Corporation have shown fluctuations over the periods indicated in the provided data. The DOH measure represents the average number of days that a company holds inventory before selling it, indicating how efficiently inventory is managed.
From June 30, 2020, to March 31, 2024, the DOH fluctuated within a range of approximately 40 to 80 days, indicating potential variability in inventory management practices. Notably, there was a significant spike in DOH from March 31, 2024, reaching a peak of 95.32 days. This extended period of holding inventory could suggest potential issues such as overstocking, slow-moving inventory, or inventory management inefficiencies during this period.
Subsequently, there was a decrease in DOH by December 31, 2024, to 71.00 days, indicating potential efforts to improve inventory turnover efficiency. The declining trend in DOH continued through March 31, 2025, with a slight increase to 95.32 days. Despite the fluctuating levels, it is essential for Skyline Corporation to monitor and manage its inventory effectively to ensure optimal balance between sales demand and inventory holding costs.
Peer comparison
Mar 31, 2025