Bath & Body Works Inc. (BBWI)

Days of inventory on hand (DOH)

Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020
Inventory turnover 8.66 8.72 8.28 18.40 10.04
DOH days 42.12 41.85 44.06 19.84 36.36

February 3, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.66
= 42.12

The days of inventory on hand (DOH) ratio for Bath & Body Works Inc. has shown fluctuations over the past five years. In February 2024, the company held inventory for an average of 42.12 days, a slight increase compared to the previous year's 41.85 days. However, this figure was lower than the levels observed in January 2022 and February 2020, where the DOH was 44.06 days and 36.36 days, respectively.

It is worth noting that Bath & Body Works Inc. managed its inventory more efficiently in January 2021, with a DOH of 19.84 days, reflecting a significant improvement in inventory management compared to other years. The varying levels of DOH suggest fluctuations in inventory turnover and may indicate changes in the company's inventory management practices or demand patterns.

Overall, the trend in Bath & Body Works Inc.'s DOH ratio highlights the importance of effective inventory management strategies to optimize working capital and ensure timely fulfillment of customer orders while minimizing carrying costs associated with excess inventory. Further analysis and comparison with industry benchmarks may provide deeper insights into the company's inventory management efficiency.


Peer comparison

Feb 3, 2024

Company name
Symbol
DOH
Bath & Body Works Inc.
BBWI
42.12
Victoria's Secret & Co
VSCO
60.31