Treehouse Foods Inc (THS)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | 5.20 | 5.35 | 4.71 | 3.46 | 5.93 | |
DOH | days | 70.16 | 68.26 | 77.55 | 105.60 | 61.59 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.20
= 70.16
The days of inventory on hand (DOH) for Treehouse Foods Inc have exhibited fluctuations over the past five years. In December 2020, the company had 61.59 days of inventory on hand, which increased significantly to 105.60 days by December 2021. This spike may indicate potential challenges in managing inventory efficiently during that period.
Subsequently, by December 2022, Treehouse Foods Inc was able to reduce its DOH to 77.55 days, showing improvement in inventory management practices. However, the DOH decreased further to 68.26 days by December 2023, implying that the company may have become more effective in managing its inventory levels and turnover.
By December 2024, the DOH increased slightly to 70.16 days, suggesting that Treehouse Foods Inc maintained a reasonable level of inventory on hand relative to its sales volume. Overall, while fluctuations in the DOH were observed, the trend indicates a mixed performance in inventory management over the five-year period.
Peer comparison
Dec 31, 2024