Triumph Group Inc (TGI)
Days of inventory on hand (DOH)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 2.42 | 2.74 | 2.55 | 2.97 | 3.69 | |
| DOH | days | 150.98 | 133.40 | 143.28 | 123.03 | 98.99 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.42
= 150.98
Triumph Group Inc's days of inventory on hand (DOH) have exhibited fluctuations over the past five years. As of March 31, 2021, the company had inventory on hand for an average of 98.99 days. This figure increased significantly to 123.03 days by March 31, 2022, indicating a potential buildup of inventory. Subsequently, the DOH further rose to 143.28 days by March 31, 2023, suggesting a longer period of inventory turnover.
However, there was a slight improvement in managing inventory levels by March 31, 2024, with the DOH decreasing to 133.40 days. Notwithstanding, by March 31, 2025, Triumph Group Inc experienced an increase in its DOH to 150.98 days, signifying a prolonged duration for inventory to be sold or utilized.
Overall, the trend in Triumph Group Inc's DOH implies fluctuations in inventory management efficiency, with higher DOH values indicating potential challenges in inventory turnover and liquidity management. Management may consider implementing strategies to optimize inventory levels and enhance operational efficiency to improve financial performance.
Peer comparison
Mar 31, 2025