Walmart Inc (WMT)

Days of inventory on hand (DOH)

		Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020	Jan 31, 2020	Oct 31, 2019	Jul 31, 2019	Apr 30, 2019
Inventory turnover		8.93	7.56	8.43	8.29	8.20	7.01	7.40	7.06	7.59	7.46	8.88	9.09	9.35	7.96	9.94	9.79	8.88	7.60	8.81	8.64
DOH	days	40.88	48.25	43.30	44.01	44.53	52.04	49.34	51.66	48.08	48.94	41.10	40.16	39.03	45.84	36.72	37.28	41.10	48.02	41.41	42.25

January 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.93
= 40.88

Days of inventory on hand (DOH) for Walmart Inc has shown some variability over the past few years. The trend indicates fluctuations in the efficiency of managing inventory levels.

From January 2021 to October 2023, DOH ranged from a low of 36.72 days in July 2020 to a high of 52.04 days in October 2022. This suggests that Walmart had been able to reduce the number of days it holds inventory during certain periods, indicating better inventory management efficiency. However, there were also instances, such as in October 2019 and October 2023, where the DOH increased, potentially signaling challenges in inventory control during those periods.

Overall, Walmart's DOH has generally been within a range of approximately 36 to 52 days, with some quarters showing shorter or longer holding periods. It may be beneficial for Walmart to continue monitoring and optimizing its inventory levels to ensure efficient operations and minimize carrying costs.