US Foods Holding Corp (USFD)
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 | 22.92 | 22.61 | 22.61 | 21.82 | 21.82 | 21.85 | 22.46 | 21.15 | 20.90 | 18.71 | 17.85 | 16.90 | 17.42 | 17.84 | 16.63 | 15.88 | 18.25 | 17.22 | 17.41 | 17.40 | |
| DOH | days | 15.93 | 16.14 | 16.15 | 16.73 | 16.72 | 16.70 | 16.25 | 17.25 | 17.46 | 19.51 | 20.45 | 21.60 | 20.95 | 20.46 | 21.94 | 22.99 | 20.00 | 21.20 | 20.96 | 20.98 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 22.92
= 15.93
Days of Inventory on hand (DOH) is a crucial ratio that measures how efficiently a company manages its inventory. In the case of US Foods Holding Corp, we observe fluctuations in the DOH over the period from March 31, 2020, to December 31, 2024.
The trend indicates that the company has been able to maintain relatively stable inventory levels in the earlier periods, with figures ranging from around 20 to 22 days. However, there was a noticeable decrease in DOH starting from June 30, 2022, reaching a low of 15.93 days by December 31, 2024.
A decreasing trend in DOH suggests that the company is selling its inventory at a faster rate compared to the past, which could indicate improved inventory management or potentially rising demand for US Foods Holding Corp's products.
It is essential for investors and stakeholders to closely monitor DOH trends as they can provide insights into inventory management effectiveness, sales trends, and overall operational efficiency within the company.
Peer comparison
Dec 31, 2024