SpartanNash Co (SPTN)

Days of inventory on hand (DOH)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Oct 7, 2023 Sep 30, 2023 Jul 15, 2023 Jun 30, 2023 Apr 22, 2023 Mar 31, 2023 Dec 31, 2022 Oct 8, 2022 Sep 30, 2022 Jun 30, 2022 Apr 23, 2022 Mar 31, 2022 Dec 31, 2021 Oct 9, 2021 Sep 30, 2021
Inventory turnover 14.71 14.42 15.29 14.59 13.39 13.38 14.32 15.33 15.34 15.60 14.69 13.62 13.03 13.62 14.06 14.63 13.61 13.46 12.78 13.68
DOH days 24.81 25.31 23.87 25.01 27.27 27.29 25.50 23.81 23.79 23.40 24.85 26.80 28.02 26.80 25.96 24.94 26.82 27.11 28.55 26.67

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 14.71
= 24.81

The days of inventory on hand (DOH) ratio for SpartanNash Co indicates the average number of days it takes for the company to sell its inventory. Based on the data provided, the DOH has shown fluctuations over the period analyzed.

- The DOH ranged from a low of 23.40 days on April 22, 2023, to a high of 28.55 days on October 9, 2021.
- The average DOH over the period analyzed is approximately 25.74 days.
- There seems to be a downward trend in the DOH ratio, indicating that the company has been more efficient in managing its inventory over time.
- A lower DOH suggests that SpartanNash Co is selling its inventory more quickly, which can be a positive sign of efficiency and effective inventory management.
- The company may have implemented strategies to streamline its inventory turnover and reduce holding costs.
- It is important for SpartanNash Co to continue monitoring and optimizing its inventory levels to ensure a balance between meeting customer demand and minimizing carrying costs.
- Overall, a decreasing trend in the DOH ratio suggests that SpartanNash Co is improving its inventory turnover efficiency, which can positively impact its financial performance and profitability.


Peer comparison

Dec 31, 2024