Bristow Group Inc (VTOL)

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		4.65	5.11	6.69	7.96	9.31	11.02	11.43	10.30	10.78	10.97	10.62	12.16	11.24	11.39	10.90	10.61	7.89	9.82	9.11	54.80
DOH	days	78.56	71.47	54.53	45.84	39.20	33.11	31.92	35.43	33.85	33.26	34.37	30.01	32.48	32.06	33.50	34.41	46.24	37.19	40.06	6.66

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.65
= 78.56

The Days of Inventory on Hand (DOH) metric for Bristow Group Inc indicates the average number of days it takes for the company to sell its inventory during a specific period.

Analyzing the data provided, we observe fluctuations in Bristow Group Inc's inventory management efficiency over the reported periods. The DOH ranged between a low of 6.66 days on March 31, 2020, to a high of 78.56 days on December 31, 2024.

During the initial period, the company demonstrated a relatively efficient inventory turnover with 6.66 days on hand. However, the metric spiked significantly, peaking at 78.56 days by the end of 2024. This significant increase in DOH could suggest potential issues such as excess inventory levels, poor sales performance, or disruptions in the supply chain.

Overall, Bristow Group Inc should focus on closely monitoring and optimizing its inventory management practices to ensure efficient utilization of resources and maintain a healthy balance between supply and demand. It may be beneficial for the company to conduct a thorough review of its inventory control processes and implement strategies to improve inventory turnover and reduce excess stock levels.