Yum! Brands Inc (YUM)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 7.16 | 9.88 | — | — | |
| DOH | days | — | 50.99 | 36.95 | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Days of Inventory on Hand (DOH) measures how efficiently a company manages its inventory by indicating the number of days a company holds inventory before it is sold. A lower DOH signifies efficient inventory management.
Without specific data for Yum Brands Inc.'s DOH for the years provided, it is challenging to assess its inventory management efficiency. It would be beneficial to calculate the DOH using the formula:
DOH = (Average Inventory / Cost of Goods Sold) x Number of Days
Once calculated, a comparison to industry benchmarks or historical trends can provide insights into Yum Brands Inc.'s inventory management performance. A decreasing trend in DOH over the years would indicate improved efficiency, while an increasing trend might suggest inefficiencies in managing inventory levels. Further analysis and context would be crucial in understanding the implications of the DOH for Yum Brands Inc.'s operations and financial performance.
Peer comparison
Dec 31, 2023