Deckers Outdoor Corporation (DECK)
Inventory turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,784,949 | 3,597,469 | 3,458,529 | 3,371,044 | 3,233,148 | 3,143,718 | 3,024,211 | 2,977,276 | 2,942,981 | 2,857,543 | 2,703,481 | 2,588,207 | 2,442,171 | 2,293,733 | 2,194,933 | 2,046,267 | 1,897,074 | 1,830,939 | 1,781,092 | 1,796,581 |
| Inventory | US$ in thousands | 576,669 | 777,891 | 753,282 | 474,311 | 538,963 | 726,332 | 740,553 | 532,852 | 723,364 | 925,043 | 839,509 | 506,796 | 550,749 | 636,270 | 457,704 | 278,242 | 305,298 | 484,138 | 434,974 | 311,620 |
| 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 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $3,784,949K ÷ $576,669K
= 6.56
The inventory turnover ratio for Deckers Outdoor Corporation has shown fluctuations over the period covered by the data. The inventory turnover ratio measures how many times a company's inventory is sold and replaced within a given period.
From March 31, 2020, to December 31, 2024, the inventory turnover ratio ranged from a low of 3.09 to a high of 7.35. It is essential to note that a higher inventory turnover ratio generally indicates that the company is selling its inventory more efficiently.
Deckers Outdoor Corporation's inventory turnover peaked at 7.35 on March 31, 2021, which suggests a significant improvement in the company's inventory management efficiency at that time. Subsequently, the ratio dropped but remained relatively stable in the following periods.
The fluctuations in the inventory turnover ratio could be influenced by various factors such as seasonal demand, inventory management practices, changes in product mix, and overall business operations.
Overall, analyzing the inventory turnover ratio provides insights into how effectively Deckers Outdoor Corporation is managing its inventory to meet customer demand and generate sales. This ratio is crucial for assessing the company's operational efficiency and financial health in relation to its inventory management practices.
Peer comparison
Dec 31, 2024
Dec 31, 2024
See also:
Deckers Outdoor Corporation Inventory Turnover (Quarterly Data)