Bath & Body Works Inc. (BBWI)
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 | May 1, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 8.66 | 5.11 | 7.61 | 8.08 | 8.72 | 3.12 | 3.94 | 6.30 | 7.24 | 7.58 | 13.62 | 14.89 | 18.19 | 12.98 | 6.26 | 6.50 | 7.85 | 2.69 | 3.99 | 3.93 | |
| DOH | days | 42.13 | 71.37 | 47.97 | 45.18 | 41.85 | 117.05 | 92.61 | 57.89 | 50.42 | 48.14 | 26.80 | 24.51 | 20.06 | 28.13 | 58.31 | 56.15 | 46.52 | 135.81 | 91.40 | 92.82 |
February 3, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.66
= 42.13
The days of inventory on hand (DOH) for Bath & Body Works Inc. have displayed fluctuations over the timeframe provided. DOH represents the number of days a company holds its inventory before selling it. A lower DOH is generally favorable as it indicates efficient inventory turnover.
Analyzing the data, we observe that DOH ranged from a low of 20.06 days on Jan 30, 2021, to a high of 135.81 days on Nov 2, 2019. The substantial variation in DOH could suggest changes in inventory management practices, demand volatility, or seasonal trends impacting inventory levels.
It is noteworthy that DOH spiked notably on Oct 29, 2022, and May 4, 2019, reaching 117.05 days and 135.81 days, respectively, which could raise concerns about potential excess inventory or slow-moving products during those periods. Conversely, the lowest DOH recorded on May 1, 2021, and Jan 30, 2021, at 24.51 days and 20.06 days, respectively, indicate efficient management of inventory during those times.
Overall, a detailed investigation into the factors driving the fluctuations in DOH would be beneficial for Bath & Body Works Inc. to optimize inventory levels, improve cash flow, and enhance operational efficiency.
Peer comparison
Feb 3, 2024