Deckers Outdoor Corporation (DECK)
Days of inventory on hand (DOH)
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 6.56 | 4.62 | 4.59 | 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 | |
| DOH | days | 55.61 | 78.92 | 79.50 | 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 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.56
= 55.61
The Days of Inventory on Hand (DOH) for Deckers Outdoor Corporation has shown fluctuations over the reported periods. The trend indicates varying levels of efficiency in managing inventory.
From March 31, 2020, to September 30, 2021, the DOH increased steadily, reaching a peak of 118.16 days on September 30, 2022. This prolonged period indicates that Deckers Outdoor Corporation may have been holding on to inventory longer than ideal, potentially tying up capital in unsold goods.
Subsequently, there was a decline in DOH by December 31, 2022, suggesting an improvement in inventory management efficiency. However, the DOH increased again by June 30, 2023, before decreasing gradually over the next reporting periods.
As of December 31, 2024, the DOH stands at 55.61 days, indicating that Deckers Outdoor Corporation has achieved a better balance in managing inventory levels. The company may have optimized its inventory turnover, potentially leading to improved cash flow and profitability.
Overall, monitoring and managing the DOH is crucial for Deckers Outdoor Corporation to ensure efficient operations, minimize carrying costs, and meet customer demand effectively.
Peer comparison
Dec 31, 2024
See also:
Deckers Outdoor Corporation Average Inventory Processing Period (Quarterly Data)