Designer Brands Inc (DBI)
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 | 3.68 | 3.48 | 3.53 | 3.43 | 3.69 | 3.32 | 3.21 | 3.27 | 3.63 | 3.38 | 3.93 | 3.52 | 4.06 | 3.80 | 5.05 | 4.48 | 3.94 | 3.69 | 3.40 | 3.66 | |
| DOH | days | 99.30 | 104.96 | 103.46 | 106.44 | 98.86 | 109.83 | 113.76 | 111.79 | 100.59 | 108.05 | 92.91 | 103.68 | 89.79 | 96.13 | 72.32 | 81.55 | 92.62 | 98.81 | 107.24 | 99.81 |
February 3, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.68
= 99.30
The days of inventory on hand (DOH) for Designer Brands Inc have shown fluctuations over the analyzed period. On average, the company held inventory for around 100 days. The DOH ranged from a low of 72.32 days to a high of 113.76 days.
The analysis indicates that Designer Brands Inc has at times held inventory for longer periods, which may suggest inefficiencies in inventory management or slower inventory turnover. A high DOH can tie up capital in inventory and increase holding costs.
Conversely, there were periods when DOH decreased, implying improved inventory management efficiency. A lower DOH indicates that the company is selling inventory faster, which can free up working capital and reduce the risk of obsolete inventory.
Overall, close monitoring of the DOH trend is recommended for Designer Brands Inc to ensure optimal inventory levels that balance the costs of holding inventory with meeting customer demand. Further analysis of the drivers behind the fluctuations in DOH can provide insights into the company's operational efficiency and financial health.
Peer comparison
Feb 3, 2024