USANA Health Sciences Inc (USNA)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 6.11 | 7.09 | 6.83 | 5.07 | 5.23 | |
| DOH | days | 59.75 | 51.50 | 53.48 | 72.03 | 69.83 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.11
= 59.75
The days of inventory on hand (DOH) for USANA Health Sciences Inc have shown some fluctuations over the past five years. As of December 31, 2020, the company had an inventory turnover rate of 69.83 days, which increased slightly to 72.03 days by the end of 2021. However, in the following years, the DOH decreased significantly to 53.48 days as of December 31, 2022, and further dropped to 51.50 days by the end of 2023. In the most recent year, as of December 31, 2024, the DOH increased to 59.75 days.
A decreasing DOH indicates that the company is managing its inventory more efficiently, selling products faster, and potentially avoiding excess inventory costs. On the other hand, an increasing DOH may suggest potential issues such as slow-moving inventory, overstocking, or difficulties in managing inventory levels.
Overall, while the recent decrease in the days of inventory on hand for USANA Health Sciences Inc is a positive indication of improved inventory management, the fluctuating trend over the five-year period should be further analyzed to understand the underlying factors impacting the company's inventory turnover efficiency.