Deckers Outdoor Corporation (DECK)
Days of inventory on hand (DOH)
Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | 4.24 | 3.63 | 2.59 | 2.58 | 4.01 | 3.48 | 2.57 | 2.45 | 3.38 | 2.47 | 1.86 | 1.93 | 3.04 | 2.59 | 2.08 | 2.79 | 4.21 | 3.57 | 2.19 | 2.35 | |
DOH | days | 86.08 | 100.43 | 140.91 | 141.30 | 91.01 | 104.78 | 142.02 | 149.21 | 107.94 | 148.02 | 196.62 | 189.34 | 119.90 | 140.77 | 175.22 | 131.02 | 86.69 | 102.15 | 167.00 | 155.23 |
March 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.24
= 86.08
The days of inventory on hand (DOH) for Deckers Outdoor Corporation over the past several quarters have exhibited variability. It is evident from the data that the DOH fluctuated between around 86 to 196 days during the period from June 30, 2020, to March 31, 2025.
The DOH reflects the number of days a company can sustain its current inventory levels. A higher DOH may indicate slower inventory turnover, potentially tying up capital in unsold goods. Conversely, a lower DOH may suggest efficient inventory management, enabling quicker turnover and reduced risk of obsolete inventory.
In the case of Deckers Outdoor Corporation, the trend in DOH shows some inconsistencies, with peaks and troughs in different quarters. A spike in DOH could signify excess inventory, possible overstocking, or diminished demand, which might impact liquidity and profitability. Conversely, a decline in DOH could imply improved inventory management, potentially leading to lower storage costs and higher turnover rates.
Analyzing the DOH alongside other financial metrics and industry benchmarks would provide a more comprehensive understanding of Deckers Outdoor Corporation's inventory management efficiency and operational performance. It is essential for investors and stakeholders to monitor trends in DOH over time to assess the company's ability to manage inventory effectively and adapt to changing market dynamics.
Peer comparison
Mar 31, 2025
See also:
Deckers Outdoor Corporation Average Inventory Processing Period (Quarterly Data)