Abercrombie & Fitch Company (ANF)

Days of inventory on hand (DOH)

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 3, 2024	Jan 31, 2024	Oct 31, 2023	Oct 28, 2023	Jul 31, 2023	Jul 29, 2023	Apr 30, 2023	Apr 29, 2023	Jan 31, 2023	Jan 28, 2023	Oct 31, 2022	Oct 29, 2022	Jul 31, 2022	Jul 30, 2022	Apr 30, 2022	Jan 31, 2022
Inventory turnover		3.09	2.46	3.37	3.99	3.88	3.48	2.43	2.35	2.74	3.11	3.83	3.90	3.52	3.20	1.92	1.93	2.19	2.36	2.95	3.09
DOH	days	118.31	148.50	108.27	91.47	94.14	105.01	150.47	155.27	133.00	117.35	95.28	93.48	103.59	114.15	190.12	189.59	166.37	154.67	123.64	118.02

January 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.09
= 118.31

The Days of Inventory on Hand (DOH) for Abercrombie & Fitch Company have fluctuated over the past few years based on the provided data.

From January 31, 2022, to October 31, 2024, the DOH ranged from a low of 91.47 days on April 30, 2024, to a high of 190.12 days on October 31, 2022. This indicates variability in the company's inventory management efficiency during this period.

The trend in the DOH shows a general decrease from October 2022 to April 2023 before increasing again and peaking in October 2023. Subsequently, there was a decline until April 2024 before increasing slightly by July 31, 2024.

Analyzing the DOH metric can provide insights into how effectively Abercrombie & Fitch is managing its inventory levels. A lower DOH generally indicates that inventory is moving quickly, which may imply efficient sales and lower carrying costs. Conversely, a higher DOH suggests slower inventory turnover and possibly excess inventory, leading to higher storage costs and potential obsolescence risks.

Overall, monitoring the DOH metric can help stakeholders assess Abercrombie & Fitch's inventory management practices and their impact on the company's financial performance.