American Eagle Outfitters Inc (AEO)

Days of inventory on hand (DOH)

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019	Feb 2, 2019
Inventory turnover		8.12	6.49	7.81	8.07	8.57	6.33	7.25	7.04	9.31	6.15	8.61	10.29	7.63	10.23	10.33	9.60	6.05	7.19	8.28	8.15
DOH	days	44.94	56.21	46.76	45.22	42.57	57.64	50.36	51.85	39.20	59.35	42.38	35.48	47.82	35.69	35.34	38.02	60.38	50.76	44.08	44.80

February 3, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.12
= 44.94

The Days of Inventory on Hand (DOH) ratio for American Eagle Outfitters Inc has fluctuated over the past several reporting periods. The company held inventory on hand for an average of 44.94 days as of February 3, 2024, which is higher than the average DOH of 43.92 days calculated over the historical data provided.

The DOH ratio peaked at 60.38 days on November 2, 2019, indicating a prolonged period of inventory on hand, potentially signaling inefficiencies in inventory management or slowing sales. Conversely, the lowest DOH ratio of 35.34 days was recorded on May 2, 2020, pointing towards efficient inventory turnover during that period.

The trend in DOH indicates variability in inventory management practices, with some periods showing better control and turnover of inventory compared to others. Investors and stakeholders should monitor these fluctuations closely to assess the company's ability to manage its inventory effectively and adapt to changing market conditions.