Abercrombie & Fitch Company (ANF)
Days of inventory on hand (DOH)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.38 | 3.15 | 2.66 | 3.05 | 3.39 | |
| DOH | days | 107.96 | 115.84 | 137.02 | 119.50 | 107.68 |
February 3, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.38
= 107.96
Abercrombie & Fitch Company's days of inventory on hand (DOH) have fluctuated over the past five years. In the most recent fiscal year, as of February 3, 2024, the company had an average of 107.96 days of inventory on hand, indicating that, on average, it takes approximately 108 days for the company to sell its inventory.
Comparing this figure to the previous years, we observe a declining trend in DOH from 2022 to 2024, which suggests that Abercrombie & Fitch has been managing its inventory more efficiently. However, there was a spike in DOH in 2022, reaching 137.02 days, indicating a slower inventory turnover during that period.
The improvement in inventory management efficiency from 2022 to 2024 is a positive sign for Abercrombie & Fitch, as it implies better control over inventory levels and potentially lower carrying costs. A lower DOH means the company is selling its products more quickly, which can lead to increased cash flow and profitability. This trend should be monitored to ensure that the company continues to effectively manage its inventory in the future.
Peer comparison
Feb 3, 2024