Designer Brands Inc (DBI)
Days of inventory on hand (DOH)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.68 | 3.69 | 3.63 | 4.06 | 3.94 | |
| DOH | days | 99.30 | 98.86 | 100.59 | 89.79 | 92.62 |
February 3, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.68
= 99.30
Designer Brands Inc's days of inventory on hand (DOH) has shown slight fluctuations over the past five years, ranging from a low of 89.79 days in January 2021 to a high of 100.59 days in January 2022. This metric indicates the average number of days it takes for the company to sell its inventory.
The increase in DOH from 2021 to 2022 suggests that Designer Brands Inc may have been holding onto its inventory for a longer period before selling it. Conversely, the decrease in DOH in 2021 indicates that the company was able to turn over its inventory more quickly that year.
Overall, fluctuations in DOH can be influenced by factors such as inventory management practices, supply chain efficiency, consumer demand, and seasonality in the retail industry. Further analysis of these factors along with a comparison to industry benchmarks can provide more insights into Designer Brands Inc's inventory management efficiency.
Peer comparison
Feb 3, 2024