Marriot Vacations Worldwide (VAC)

Days of inventory on hand (DOH)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Inventory turnover 4.23 4.59 4.07 3.39 2.84
DOH days 86.21 79.55 89.79 107.69 128.44

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.23
= 86.21

Marriott Vacations Worldwide has shown a decreasing trend in its Days of Inventory on Hand (DOH) over the past five years, dropping from 128.44 days as of December 31, 2020, to 86.21 days as of December 31, 2024. This indicates that the company has been able to manage its inventory more efficiently over this period. The decreasing trend suggests that the company may have improved its inventory management practices, which could lead to lower carrying costs, reduced risk of obsolescence, and potentially improved cash flow. It is important for the company to continue monitoring and optimizing its inventory levels to maintain this positive trend and enhance overall operational efficiency.