Deckers Outdoor Corporation (DECK)

Activity ratios

Short-term

Turnover ratios

	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
Receivables turnover	14.98	14.91	8.16	12.92	14.46	11.87	7.80	12.74	11.84	10.79	7.44	9.57	9.82	8.54	7.46	12.43	11.47	7.30	6.58	14.24
Payables turnover	5.02	3.57	3.76	3.03	5.03	3.70	3.91	3.46	6.78	3.66	3.56	2.68	4.71	2.96	2.67	3.24	5.06	3.60	3.38	4.03
Working capital turnover	2.38	2.20	2.55	2.61	2.49	2.39	2.75	2.56	2.57	2.50	2.88	2.83	2.60	2.35	2.47	2.46	2.15	1.84	2.23	2.39

Deckers Outdoor Corporation's activity ratios provide insight into how efficiently the company is managing its assets and operations.

1. Inventory Turnover: This ratio measures how many times a company's inventory is sold and replaced over a specific period. Deckers Outdoor Corporation's inventory turnover ratio fluctuated over the periods provided, ranging from a low of 1.86 to a high of 4.24. A higher inventory turnover ratio indicates a more efficient management of inventory.

2. Receivables Turnover: This ratio measures how effectively a company is collecting payments from customers. Deckers Outdoor Corporation's receivables turnover ratio also varied over the periods, showing a range from 6.58 to 14.98. A higher receivables turnover ratio suggests faster collection of receivables.

3. Payables Turnover: This ratio indicates how quickly a company pays its suppliers. Deckers Outdoor Corporation's payables turnover ratio fluctuated between 2.67 and 6.78. A higher payables turnover ratio implies that the company is taking longer to pay its suppliers, which can sometimes indicate favorable credit terms.

4. Working Capital Turnover: This ratio measures how efficiently a company is using its working capital to generate sales revenue. Deckers Outdoor Corporation's working capital turnover ratio ranged from 1.84 to 2.88. A higher working capital turnover ratio suggests effective utilization of working capital to drive sales.

By analyzing these activity ratios, stakeholders can assess Deckers Outdoor Corporation's efficiency in managing its inventory, collecting receivables, paying suppliers, and utilizing working capital to generate sales.

Average number of days

		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
Days of inventory on hand (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
Days of sales outstanding (DSO)	days	24.37	24.48	44.75	28.24	25.25	30.75	46.82	28.65	30.82	33.81	49.08	38.13	37.18	42.76	48.93	29.37	31.83	50.03	55.50	25.63
Number of days of payables	days	72.65	102.12	97.20	120.54	72.63	98.60	93.24	105.38	53.80	99.72	102.65	136.25	77.48	123.21	136.90	112.68	72.17	101.38	107.94	90.49

Deckers Outdoor Corporation's Days of Inventory on Hand (DOH) has fluctuated over the years, ranging from around 86 days to 196 days. The trend shows some volatility with occasional spikes in inventory holding periods. This could indicate inventory management challenges or fluctuations in demand impacting the company's inventory levels.

The Days of Sales Outstanding (DSO) for Deckers Outdoor Corporation has shown a relatively stable trend, hovering around 25 days to 55 days. This suggests that the company is efficient in collecting its accounts receivable and converting sales into cash flow in a timely manner.

In terms of the Number of Days of Payables, Deckers Outdoor Corporation has seen fluctuations in payment periods from around 53 days to 136 days. A higher number of days of payables could indicate that the company is taking longer to pay its suppliers, which may signal financial strain or potential liquidity issues.

Overall, analyzing these activity ratios can provide insights into Deckers Outdoor Corporation's inventory management efficiency, accounts receivable collection practices, and payment strategies, which are crucial factors in assessing the company's operational performance and financial health.

Long-term

	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
Fixed asset turnover	—	—	—	—	—	—	7.74	12.77	13.60	14.72	8.84	8.31	7.78	7.42	6.92	6.71	12.34	11.47	10.68	10.23
Total asset turnover	1.40	1.24	1.37	1.34	1.37	1.23	1.37	1.30	1.42	1.27	1.38	1.30	1.35	1.17	1.19	1.21	1.17	0.99	1.08	1.16

Deckers Outdoor Corporation's long-term activity ratios provide insights into how efficiently the company is utilizing its assets.

1. Fixed Asset Turnover:
- Deckers' Fixed Asset Turnover ratio shows a fluctuating trend over the years, ranging from a high of 14.72 in December 2022 to a low of 6.71 in June 2021.
- The ratio indicates that, on average, the company generated $X in revenue for every dollar of fixed assets invested.
- An increasing trend in this ratio over time can indicate improving efficiency in the utilization of fixed assets.

2. Total Asset Turnover:
- The Total Asset Turnover ratio also shows variability, with values ranging from 0.99 to 1.42.
- It reflects how effectively the company is generating sales from its total assets.
- A higher ratio suggests that Deckers is generating more revenue per dollar of assets, indicating efficient asset utilization.

Overall, analyzing these long-term activity ratios can help in assessing Deckers Outdoor Corporation's operational efficiency and its ability to generate sales from its assets over the long term. Tracking these ratios over time can provide valuable insights into the company's performance and management of its asset base.