Texas Roadhouse Inc (TXRH)

Days of inventory on hand (DOH)

		Dec 31, 2024	Sep 30, 2024	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
Inventory turnover		108.60	106.95	100.74	105.27	102.74	103.12	96.78	97.56	90.21	100.91	99.88	100.85	90.44	95.67	96.19	93.86	94.55	108.71	93.68	111.53
DOH	days	3.36	3.41	3.62	3.47	3.55	3.54	3.77	3.74	4.05	3.62	3.65	3.62	4.04	3.82	3.79	3.89	3.86	3.36	3.90	3.27

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 108.60
= 3.36

The days of inventory on hand (DOH) for Texas Roadhouse Inc has shown some fluctuations over the past few years. The DOH ranged between 3.27 days and 4.05 days from March 31, 2020, to December 31, 2024.

During this period, the DOH was at its highest at 4.05 days on December 31, 2022, indicating that the company had more inventory on hand relative to its sales during that period. Conversely, the lowest DOH of 3.27 days was recorded on March 31, 2020, suggesting a leaner inventory management approach at that time.

Overall, the fluctuations in DOH over the years may indicate varying levels of inventory management efficiency within Texas Roadhouse Inc. It is important for the company to strike a balance in managing its inventory levels to optimize costs and ensure smooth operations. Tracking and analyzing DOH can help the company make informed decisions to improve inventory control and operational performance in the future.