Deckers Outdoor Corporation (DECK)

The days of inventory on hand (DOH) for Deckers Outdoor Corporation have shown some fluctuations over the past five years. In the fiscal year ending March 31, 2024, the company reported a DOH of 51.36 days, representing a decrease from the previous year's 65.33 days. This reduction indicates that the company managed its inventory more efficiently, requiring fewer days to sell its inventory on hand.

Comparing the latest DOH to the figures from the preceding years, we observe a general trend of improvement in inventory management. The DOH was notably higher in the fiscal years ending March 31, 2022, and March 31, 2020, at 71.47 days and 63.21 days, respectively. This suggests that Deckers Outdoor Corporation may have addressed inventory optimization and supply chain issues during the more recent periods.

Overall, the decreasing trend in DOH implies that the company has become more effective in managing its inventory levels, possibly through enhanced demand forecasting, streamlined operations, and inventory control measures. This improvement is a positive sign as it can lead to cost savings, reduced carrying costs, and improved cash flow. Investors and stakeholders may view this trend positively, as lower DOH typically indicates better efficiency and operational performance in managing inventory.

Peer comparison

Mar 31, 2024

See also:

Deckers Outdoor Corporation Average Inventory Processing Period