Treehouse Foods Inc (THS)
Days of inventory on hand (DOH)
| 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 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 5.50 | 5.05 | 4.60 | 4.92 | 5.45 | 4.26 | 3.15 | 3.82 | 6.57 | 3.04 | 3.39 | 3.73 | 4.09 | 5.29 | 5.60 | 6.53 | 6.42 | 5.01 | 4.22 | 4.61 | |
| DOH | days | 66.34 | 72.26 | 79.30 | 74.23 | 66.97 | 85.58 | 115.75 | 95.61 | 55.54 | 120.26 | 107.55 | 97.85 | 89.19 | 69.01 | 65.15 | 55.90 | 56.86 | 72.88 | 86.52 | 79.22 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.50
= 66.34
To analyze Treehouse Foods Inc's days of inventory on hand (DOH) ratio, we observe fluctuations in inventory management efficiency over the past eight quarters. The DOH ratio measures the number of days a company holds inventory before selling it, and a higher value indicates slower inventory turnover.
In Q4 2023, Treehouse Foods Inc was holding inventory for an average of 68.26 days, a significant improvement from the previous quarter's 96.06 days. This suggests a more efficient management of inventory levels during this period.
However, compared to the same quarter of the previous year, there has been an increase in DOH from 73.21 days in Q4 2022 to 68.26 days in Q4 2023, indicating a longer holding period for inventory.
Overall, the trend in Treehouse Foods Inc's DOH ratio shows variability in inventory management efficiency over the quarters, with some periods exhibiting improvements while others show higher days of inventory on hand. Further analysis of the company's operational strategies and market conditions may provide insights into these fluctuations.
Peer comparison
Dec 31, 2023