Sysco Corporation (SYY)
Days of inventory on hand (DOH)
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 13.73 | 13.92 | 12.69 | 11.35 | 13.89 | |
| DOH | days | 26.58 | 26.22 | 28.76 | 32.16 | 26.28 |
June 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 13.73
= 26.58
The days of inventory on hand (DOH) for Sysco Corporation have shown some variability over the past five years. The trend indicates a decrease in DOH from 32.16 days in 2021 to 26.58 days in 2024, with some fluctuations in between. This decreasing trend in DOH suggests that Sysco has been more efficient in managing its inventory levels, possibly due to better inventory management practices or improved demand forecasting. A lower DOH value generally indicates that the company is selling its inventory more quickly, which can lead to lower holding costs and a more streamlined supply chain. Overall, the decreasing trend in DOH for Sysco Corporation is a positive indication of effective inventory management.
Peer comparison
Jun 30, 2024