Academy Sports Outdoors Inc (ASO)
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 | 3.02 | 2.89 | 3.48 | 3.45 | 4.19 | 3.71 | 3.06 | 3.06 | 3.49 | 3.61 | 3.53 | 3.57 | 3.90 | 3.86 | 3.23 | 3.22 | 3.62 | 3.99 | 3.64 | 4.47 | |
| DOH | days | 120.92 | 126.12 | 104.88 | 105.80 | 87.09 | 98.50 | 119.24 | 119.20 | 104.65 | 101.23 | 103.38 | 102.23 | 93.57 | 94.64 | 112.94 | 113.53 | 100.93 | 91.37 | 100.40 | 81.57 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.02
= 120.92
The Days of Inventory on Hand (DOH) for Academy Sports Outdoors Inc has shown some fluctuation over the periods analyzed. The DOH indicates the number of days it takes for the company to sell its average inventory.
From January 31, 2022, to October 31, 2024, there is a general increasing trend in the DOH, indicating that the company is taking longer to turn its inventory into sales. This could suggest potential issues with managing inventory levels or slower demand for their products.
The highest DOH was recorded on October 31, 2024, at 126.12 days, indicating that the company had over four months of inventory on hand at that time. On the other hand, the lowest DOH was observed on February 3, 2024, at 87.09 days, showing a more efficient management of inventory during that period.
Overall, a high DOH can tie up capital in inventory, leading to higher carrying costs and potentially signaling inefficiencies in inventory management. It is essential for the company to monitor and optimize its inventory levels to ensure a healthy balance between having enough stock to meet demand and avoiding excess inventory buildup.
Peer comparison
Jan 31, 2025