Deckers Outdoor Corporation (DECK)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 7.11 | 6.00 | 4.33 | 4.08 | 5.59 | 4.07 | 3.09 | 3.22 | 5.11 | 4.43 | 3.60 | 4.80 | 7.35 | 6.21 | 3.78 | 4.09 | 5.77 | 4.92 | 3.13 | 3.62 | |
| DOH | days | 51.36 | 60.85 | 84.33 | 89.38 | 65.33 | 89.71 | 118.16 | 113.34 | 71.47 | 82.31 | 101.25 | 76.11 | 49.63 | 58.74 | 96.51 | 89.14 | 63.31 | 74.14 | 116.71 | 100.80 |
March 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.11
= 51.36
Deckers Outdoor Corporation's days of inventory on hand (DOH) fluctuated over the past few quarters. The trend indicates that the company has experienced variations in managing its inventory levels efficiently. The highest DOH was observed in Q3 of 2022 at 118.16 days, suggesting a prolonged holding of inventory during that period. Conversely, the lowest DOH was noted in Q4 of 2020 at 49.63 days, signifying a more effective management of inventory during that quarter.
Overall, Deckers Outdoor Corporation should aim to maintain a balance in its inventory levels to ensure optimal utilization of resources and avoid excessive holding costs. A consistent analysis and monitoring of the DOH metric can help the company streamline its inventory management practices and improve its overall financial performance.
Peer comparison
Mar 31, 2024
See also:
Deckers Outdoor Corporation Average Inventory Processing Period (Quarterly Data)