United Natural Foods Inc (UNFI)
Days of inventory on hand (DOH)
| Aug 3, 2024 | Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 12.33 | 8.88 | 8.58 | 7.49 | 8.62 | 10.53 | 10.23 | 9.17 | 10.53 | 9.49 | 9.77 | 9.18 | 10.25 | 10.11 | 10.55 | 7.20 | 7.58 | 8.73 | 7.83 | 9.44 | |
| DOH | days | 29.59 | 41.10 | 42.52 | 48.72 | 42.36 | 34.66 | 35.69 | 39.79 | 34.66 | 38.46 | 37.34 | 39.78 | 35.60 | 36.11 | 34.59 | 50.72 | 48.17 | 41.82 | 46.62 | 38.65 |
August 3, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 12.33
= 29.59
The days of inventory on hand (DOH) for United Natural Foods Inc has fluctuated over the past few years, ranging from a low of 29.59 days to a high of 50.72 days. A lower DOH indicates that the company is selling its inventory more quickly, which is generally positive as it can help reduce holding costs and prevent obsolescence.
Looking at the trend, we see some variability in the DOH figures, with peaks and troughs occurring periodically. For example, there was a notable peak in DOH at 50.72 days on Oct 31, 2020, which may suggest slower inventory turnover during that period.
Overall, a consistent monitoring of the DOH metric can provide insights into the efficiency of United Natural Foods Inc's inventory management practices. A downward trend in DOH over time would signal improvements in inventory turnover and potentially better working capital management. Further analysis and comparison with industry benchmarks would provide a more comprehensive understanding of the company's performance in this area.
Peer comparison
Aug 3, 2024