Caleres Inc (CAL)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 2.65 | 4.87 | 2.87 | 2.90 | 4.77 | |
| DOH | days | 137.48 | 74.87 | 126.96 | 125.81 | 76.52 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.65
= 137.48
The Days of Inventory on Hand (DOH) ratio for Caleres Inc fluctuated over the period analyzed. Starting at 76.52 days on January 28, 2023, the DOH increased significantly to 125.81 days by January 31, 2023. This sharp rise suggests a slower inventory turnover rate during that period.
By January 31, 2024, the DOH further increased to 126.96 days, indicating that Caleres Inc was holding inventory for a longer period compared to the previous year. However, there was a notable improvement by February 3, 2024, as the DOH decreased to 74.87 days, possibly reflecting a more efficient management of the inventory.
Nevertheless, by January 31, 2025, the DOH reached its highest point in the period at 137.48 days, indicating a prolonged inventory holding period. This may suggest challenges in inventory management efficiency or changes in demand dynamics affecting the company's inventory levels.
Overall, while the DOH ratio can provide insights into inventory management practices, further analysis and comparison with industry benchmarks would be necessary to evaluate the effectiveness of Caleres Inc's inventory management strategies.
Peer comparison
Jan 31, 2025