What is Days of Inventory (DOH)?
Days of inventory on hand = current stock value ÷ daily COGS. It tells you how long stock would last before you run out at today’s velocity.
A real Kenyan example
Stock KES 1.5m ÷ daily COGS KES 33k = 45 days. Healthy retail.
Formula
DOH = Current stock value ÷ Average daily COGS
Why it matters
Days of inventory makes stock visible in time, easier to talk about than abstract turns.
How Veira helps
Veira flags any SKU with DOH > 90 days as a dead-stock candidate.
FAQs
Is high DOH bad?
Above ~90 days for fast-movers is a red flag.
Daily COGS or daily sales?
COGS, cancels markup so comparison is fair.
Seasonal stock?
Use the season’s daily COGS, not annual average.
How often check?
Weekly for top SKUs.
Does Veira show DOH?
Yes, per SKU on the inventory dashboard.