Boot Barn Holdings Inc (BOOT)
Days of inventory on hand (DOH)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 1.60 | 1.76 | 1.78 | 1.93 | 2.17 | |
| DOH | days | 228.40 | 207.76 | 205.50 | 189.58 | 168.14 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.60
= 228.40
The days of inventory on hand (DOH) for Boot Barn Holdings Inc has shown a consistent upward trend over the past five years, increasing from 168.14 days as of March 31, 2021, to 228.40 days as of March 31, 2025. This indicates that the company is holding onto its inventory for a longer period before selling it.
A higher DOH could suggest inventory management issues or challenges in effectively forecasting demand. It may also indicate slower inventory turnover, potentially tying up capital and leading to higher carrying costs. On the positive side, a higher inventory level may provide a buffer against supply chain disruptions or unexpected spikes in demand.
Boot Barn Holdings Inc should monitor its inventory levels closely and assess the efficiency of its inventory management practices to optimize working capital utilization and overall operational performance.
Peer comparison
Mar 31, 2025