Designer Brands Inc (DBI)
Inventory turnover
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 2,100,090 | 2,236,200 | 2,127,950 | 1,923,480 | 2,493,020 |
| Inventory | US$ in thousands | 571,331 | 605,652 | 586,429 | 473,183 | 632,587 |
| Inventory turnover | 3.68 | 3.69 | 3.63 | 4.06 | 3.94 |
February 3, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $2,100,090K ÷ $571,331K
= 3.68
Designer Brands Inc's inventory turnover has shown consistency over the past five years, ranging from 3.63 to 4.06 times. This indicates that, on average, the company is selling and replacing its inventory between 3.63 to 4.06 times per year. The slight variations in the inventory turnover ratio suggest stable inventory management practices. Despite some fluctuations, the trend indicates that Designer Brands Inc is effectively managing its inventory levels to meet customer demand. The company's ability to maintain a relatively steady inventory turnover ratio is commendable and demonstrates efficient inventory control and sales management strategies.
Peer comparison
Feb 3, 2024