American Eagle Outfitters Inc (AEO)

Days of inventory on hand (DOH)

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Inventory turnover		8.13	8.57	8.43	10.21	9.60
DOH	days	44.89	42.57	43.27	35.74	38.04

February 3, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.13
= 44.89

The Days of Inventory on Hand (DOH) for American Eagle Outfitters Inc has shown some fluctuations over the past five years. In 2024, the company held inventory for an average of 44.89 days, which increased compared to the previous year's 42.57 days. This indicates that the company took longer to sell its inventory in 2024.

Looking back further, in 2022 and 2021, the DOH was 43.27 days and 35.74 days respectively. This suggests that in 2021, the company managed its inventory more efficiently by selling it quicker compared to the years before and after.

In 2020, the DOH was 38.04 days, demonstrating a slight increase from the previous year but still lower compared to 2022 and 2024, indicating better inventory management in that year.

Overall, the fluctuations in American Eagle Outfitters Inc's DOH indicate varying levels of efficiency in managing its inventory over the past five years. It is important for the company to continue monitoring and improving its inventory turnover to optimize its operations and working capital management.