Days on Hand Calculator
Expert Guide to Days on Hand Calculation Excel
Introduction & Importance
Days on hand (DOH) is a critical inventory management metric that helps businesses understand how many days their current stock will last…
How to Use This Calculator
- Enter your current stock level.
- Enter your daily demand.
- Enter your lead time.
- Click ‘Calculate’.
Formula & Methodology
DOH is calculated using the formula: DOH = Stock / Demand * Lead Time…
Real-World Examples
| Stock | Demand | Lead Time | DOH |
|---|---|---|---|
| 100 | 10 | 5 | 5 |
Data & Statistics
| Industry | Average DOH |
|---|---|
| Retail | 15 |
Expert Tips
- Regularly review and update your DOH to ensure optimal inventory levels.
- Consider seasonality and trends when setting your DOH targets.
Interactive FAQ
What is the optimal days on hand?
The optimal DOH varies by industry and business, but as a general rule, aim for 30-60 days.