Burlington Stores Inc (BURL)
Days of inventory on hand (DOH)
Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | 7.67 | 6.58 | 7.59 | 7.94 | 8.17 | 6.45 | 7.22 | 6.69 | 6.83 | 5.52 | 6.43 | 6.54 | 8.14 | 6.90 | 7.40 | 6.11 | 4.82 | 4.08 | 6.00 | 6.51 | |
DOH | days | 47.62 | 55.50 | 48.06 | 45.96 | 44.69 | 56.59 | 50.56 | 54.53 | 53.45 | 66.16 | 56.76 | 55.77 | 44.82 | 52.87 | 49.35 | 59.73 | 75.79 | 89.51 | 60.81 | 56.10 |
February 1, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.67
= 47.62
Burlington Stores Inc's Days of Inventory on Hand (DOH) is a key metric used to evaluate how efficiently the company manages its inventory. The trend analysis based on the provided data shows fluctuations in the DOH over the specified period.
- The company's DOH increased from 56.10 days as of May 2, 2020, to a peak of 89.51 days on October 31, 2020. This significant rise indicates potential issues with inventory management during this period.
- Subsequently, the DOH decreased to 49.35 days by July 31, 2021, indicating improvements in inventory management efficiency. However, there was a slight increase to 66.16 days by October 29, 2022.
- From January 28, 2023, to May 4, 2024, Burlington Stores Inc managed to keep its DOH relatively stable between 44.69 and 45.96 days, suggesting better control over inventory levels.
- The DOH increased to 55.50 days by November 2, 2024, before declining again to 47.62 days by February 1, 2025.
Overall, Burlington Stores Inc's DOH fluctuated over the period, indicating varying levels of efficiency in managing inventory. Sustained efforts are needed to stabilize and potentially reduce the number of days inventory is held to enhance operational effectiveness and mitigate excess carrying costs.
Peer comparison
Feb 1, 2025