Wingstop Inc (WING)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 318.21 | 341.02 | 253.33 | 302.70 | |
| DOH | days | — | 1.15 | 1.07 | 1.44 | 1.21 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Wingstop Inc have been relatively stable over the years, ranging from 1.07 days to 1.44 days. This indicates that Wingstop is efficient in managing its inventory levels, with the ability to quickly convert inventory into sales. However, the absence of data for December 31, 2024, makes it difficult to assess the trend for that specific year. Overall, Wingstop's low DOH suggests effective inventory management practices, contributing to potential cost savings and improved cash flow. Monitoring DOH can help evaluate the company's operational efficiency and the effectiveness of its inventory management strategies.
Peer comparison
Dec 31, 2024