Sysco Corporation (SYY)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 13.73 | 13.43 | 13.39 | 13.49 | 13.92 | 13.38 | 12.93 | 12.49 | 12.69 | 12.25 | 12.11 | 11.31 | 11.35 | 11.19 | 12.08 | 12.82 | 13.89 | 13.03 | 13.95 | 14.39 | |
| DOH | days | 26.58 | 27.19 | 27.26 | 27.06 | 26.22 | 27.27 | 28.22 | 29.23 | 28.76 | 29.79 | 30.14 | 32.27 | 32.16 | 32.62 | 30.22 | 28.47 | 26.28 | 28.01 | 26.16 | 25.36 |
June 30, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 13.73
= 26.58
Sysco Corporation's Days of Inventory on Hand (DOH) has shown some fluctuations over the past quarters. The DOH ranged between 25.36 days to 32.62 days over the last two years.
The trend indicates that Sysco has been able to manage its inventory effectively, with some periods showing lower DOH figures, depicting efficient inventory turnover, and other periods showing higher DOH figures, suggesting potential inventory management challenges or changes in inventory levels.
Overall, Sysco's DOH has generally remained within a moderate range, indicating a balance between managing inventory levels to meet demand while avoiding excess inventory buildup. Further analysis would be needed to understand the specific drivers behind the fluctuations in DOH and assess their impact on Sysco's overall operational efficiency and financial performance.
Peer comparison
Jun 30, 2024
See also:
Sysco Corporation Average Inventory Processing Period (Quarterly Data)