Deckers Outdoor Corporation (DECK)
Inventory turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,099,949 | 2,095,745 | 2,014,941 | 1,945,781 | 1,902,275 | 1,877,396 | 1,866,769 | 1,811,574 | 1,801,916 | 1,783,781 | 1,717,201 | 1,618,322 | 1,542,788 | 1,428,058 | 1,325,389 | 1,275,123 | 1,171,551 | 1,090,925 | 1,058,166 | 1,022,799 |
| Inventory | US$ in thousands | 495,226 | 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 |
| 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 |
March 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,099,949K ÷ $495,226K
= 4.24
Deckers Outdoor Corporation's inventory turnover has shown fluctuations over time based on the provided data. The inventory turnover ratio indicates how many times a company has sold and replaced its inventory during a specific period. A higher inventory turnover ratio generally signifies that the company is efficiently managing its inventory levels.
In June 2020, the inventory turnover was 2.35, indicating that the company turned over its inventory approximately 2.35 times during that period. The ratio decreased to 1.86 by September 2022, which could suggest slower inventory movement or potential inventory management challenges.
However, the ratio improved and peaked at 4.24 in March 2025, indicating a significant increase in inventory turnover efficiency. This improvement could be attributed to better demand forecasting, effective inventory management practices, or successful sales strategies.
It is essential for Deckers Outdoor Corporation to closely monitor its inventory turnover ratio to ensure optimal inventory management, minimize carrying costs, and maximize operational efficiency. Fluctuations in the ratio may signal underlying issues that require attention, such as excess inventory or slow-moving products. A consistently healthy inventory turnover ratio is crucial for maintaining a strong financial position and improving overall performance in the retail industry.
Peer comparison
Mar 31, 2025
Mar 31, 2025
See also:
Deckers Outdoor Corporation Inventory Turnover (Quarterly Data)