Columbia Sportswear Company (COLM)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		2.43	2.35	1.70	2.35	2.30
DOH	days	150.25	155.01	214.15	155.60	158.99

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.43
= 150.25

The days of inventory on hand (DOH) for Columbia Sportswear Company has exhibited some fluctuation over the past five years, ranging from 150.25 days to 214.15 days.

In December 31, 2020, the DOH was at a relatively high level of 158.99 days. However, in the following year, it decreased to 155.60 days, indicating a minor improvement in managing inventory levels.

Subsequently, there was a significant increase in DOH to 214.15 days by December 31, 2022, which suggests that the company may have faced challenges in inventory management during that period.

The DOH then experienced a decline to 155.01 days by December 31, 2023, showing a positive trend in reducing inventory holding periods. This improvement was sustained as the DOH further decreased to 150.25 days by December 31, 2024, indicating better efficiency in managing inventory levels.

Overall, Columbia Sportswear Company has shown varying levels of inventory management efficiency over the past five years, with a notable improvement in recent years as reflected by the decreasing trend in DOH. Efficient inventory management is crucial for optimizing working capital and ensuring timely production and fulfillment of customer orders.