Bristow Group Inc (VTOL)

The days of inventory on hand (DOH) for Bristow Group Inc have exhibited significant fluctuations over the past five years. The DOH stood at 135.23 days as of December 31, 2023, representing a notable decrease from the unusually high figure of 5,762.17 days as of December 31, 2022. This drastic reduction could suggest improved inventory management efficiency or a potential adjustment in inventory levels.

Comparing the current DOH figure to historical data, it appears that Bristow Group Inc has managed to bring its inventory levels more in line with operational requirements compared to the anomaly in 2022. The DOH of 107.44 days as of March 31, 2022, and 83.36 days as of March 31, 2021, indicate a more typical range of inventory management for the company during those periods.

However, the DOH figure of 165.03 days as of December 31, 2019, indicates that there have been fluctuations in inventory management practices over the past five years, suggesting potential challenges in maintaining optimal inventory levels consistently.

Overall, the recent decrease in DOH from the extremely high levels seen in 2022 is a positive indication of potential improvements in inventory management efficiency at Bristow Group Inc. Monitoring this ratio over time will be crucial to assess the company's ongoing efforts to optimize its inventory levels and operational performance.