Crocs Inc (CROX)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 8.78 | 8.41 | 8.14 | 7.74 | 7.66 | 7.48 | 6.58 | 5.95 | 5.78 | 4.72 | 4.24 | 4.55 | 7.72 | 7.37 | 6.85 | 6.43 | 6.78 | 6.29 | 7.34 | 5.69 | |
| DOH | days | 41.58 | 43.41 | 44.82 | 47.13 | 47.67 | 48.78 | 55.51 | 61.37 | 63.19 | 77.40 | 86.16 | 80.27 | 47.31 | 49.52 | 53.25 | 56.80 | 53.82 | 58.04 | 49.70 | 64.12 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.78
= 41.58
Crocs Inc's days of inventory on hand (DOH) have shown some fluctuations over the past few years. From March 31, 2020, to June 30, 2021, the DOH decreased steadily from 64.12 days to 53.25 days, indicating an improvement in managing inventory levels. However, there was a slight increase in DOH to 49.52 days by September 30, 2021.
From December 31, 2021, to June 30, 2024, the trend in DOH remained relatively stable, hovering between 41.58 days and 55.51 days. This suggests that Crocs Inc has been able to maintain an optimal level of inventory on hand during this period.
Notably, there was a significant increase in DOH from March 31, 2022, to June 30, 2022, reaching a peak of 86.16 days. This spike may indicate potential challenges in managing inventory efficiently during this period.
Overall, Crocs Inc's DOH trend showcases a mix of fluctuations and stability, reflecting the company's efforts in inventory management. An analysis of the underlying reasons for these fluctuations could provide insights into the company's operations and supply chain efficiency.
Peer comparison
Dec 31, 2024