Buckle Inc (BKE)

Days of inventory on hand (DOH)

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Inventory turnover		5.17	7.84	5.08	5.35	8.13
DOH	days	70.55	46.56	71.80	68.25	44.91

January 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.17
= 70.55

To analyze Buckle Inc's Days of Inventory on Hand (DOH) over the specified periods:

1. January 28, 2023: DOH was 44.91 days, indicating that, on average, the company held inventory for approximately 44.91 days before selling it.

2. January 31, 2023: DOH increased to 68.25 days, signaling a significant increase in the time it took for Buckle Inc to sell its inventory compared to the previous period.

3. January 31, 2024: DOH further increased to 71.80 days, showing a continued trend of a longer holding period for inventory.

4. February 3, 2024: DOH decreased to 46.56 days, suggesting a possible effort by the company to reduce its inventory holding period.

5. January 31, 2025: DOH was 70.55 days, indicating a slight increase compared to the previous period, which may suggest challenges in managing inventory efficiently.

Overall, Buckle Inc's DOH fluctuated over the analyzed periods, with periods of increase and decrease. A higher DOH indicates a longer time taken to sell inventory, which may tie up capital and increase carrying costs. Conversely, a lower DOH implies efficient inventory management and quicker turnover. The company should monitor and analyze DOH trends to optimize inventory levels and enhance operational efficiency.