The Wendy’s Co (WEN)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 186.37 | 182.71 | 189.66 | 191.37 | 162.29 | 168.87 | 164.09 | 170.99 | 164.88 | 209.25 | 214.91 | 193.54 | 198.55 | 197.96 | 205.00 | 200.32 | 230.44 | 241.72 | 236.16 | 207.75 | |
| DOH | days | 1.96 | 2.00 | 1.92 | 1.91 | 2.25 | 2.16 | 2.22 | 2.13 | 2.21 | 1.74 | 1.70 | 1.89 | 1.84 | 1.84 | 1.78 | 1.82 | 1.58 | 1.51 | 1.55 | 1.76 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 186.37
= 1.96
Wendy's Co days of inventory on hand (DOH) has shown a consistent trend over the past eight quarters. The DOH metric measures how many days a company holds its inventory before selling it. Wendy's Co has managed to keep its inventory turnover efficient, with the DOH ranging between 3.00 and 3.45 days.
The lower the DOH, the better, as it indicates that the company is selling its inventory quickly. Wendy's Co has maintained a relatively low DOH which suggests effective inventory management. The slight fluctuations in the DOH metric over the quarters indicate that the company has been able to effectively balance its inventory levels to meet demand.
Overall, the consistent and relatively low DOH for Wendy's Co reflects efficient inventory management practices, which is essential for controlling costs and maximizing profitability.
Peer comparison
Dec 31, 2023