Burlington Stores Inc (BURL)
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 | 8.17 | 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 | 5.47 | 4.12 | 4.92 | 4.42 | |
| DOH | days | 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 | 66.69 | 88.66 | 74.17 | 82.54 |
February 3, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.17
= 44.69
The Days of Inventory on Hand (DOH) for Burlington Stores Inc has fluctuated over the past few quarters. The DOH metric indicates the average number of days it takes for the company to sell its inventory. A lower DOH is generally preferred as it suggests a faster turnover of inventory.
In the most recent quarter ending February 3, 2024, Burlington Stores Inc had a DOH of 44.69 days, which was lower compared to the DOH in the preceding quarters. This indicates that the company was able to sell its inventory at a faster rate during this period.
Looking back over the past several quarters, there have been some variations in the DOH figures. The highest DOH was observed in the quarter ending August 1, 2020, at 89.51 days, while the lowest DOH was recorded in the quarter ending January 29, 2022, at 44.82 days.
Overall, a trend of fluctuating DOH figures implies that Burlington Stores Inc may have experienced changes in its inventory management efficiency and sales patterns during the periods covered. Further analysis and comparison with industry benchmarks would be necessary to better evaluate the company's inventory management performance.
Peer comparison
Feb 3, 2024