Dick’s Sporting Goods Inc (DKS)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 2.57 | 2.61 | 3.24 | 3.15 | 3.83 | 3.30 | 2.98 | 2.93 | 3.31 | 3.42 | 3.38 | 3.42 | 3.68 | 3.52 | 2.74 | 2.68 | 2.82 | 3.12 | 2.97 | 3.91 | |
| DOH | days | 141.89 | 140.00 | 112.71 | 115.97 | 95.21 | 110.54 | 122.57 | 124.70 | 110.27 | 106.69 | 108.11 | 106.73 | 99.25 | 103.62 | 133.01 | 136.43 | 129.39 | 117.07 | 123.04 | 93.26 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.57
= 141.89
The days of inventory on hand (DOH) ratio for Dick’s Sporting Goods Inc experienced some fluctuations over the given time period. From January 31, 2022, to October 31, 2024, the DOH varied between a low of 93.26 days to a high of 141.89 days.
The trend in DOH shows some volatility, with peaks observed in October 2022, October 2023, and January 2025, indicating that the company held inventory for relatively longer periods during those times. Conversely, there were periods of lower DOH in January 2023 and February 2024, suggesting inventory turnover accelerated during those periods.
Overall, a high DOH may indicate inefficiencies in inventory management, leading to higher storage costs and potential obsolescence. On the other hand, a low DOH may suggest stockouts or difficulties in meeting customer demand. Monitoring and analyzing the DOH ratio over time can help identify operational inefficiencies or improvements in inventory management practices within Dick’s Sporting Goods Inc.
Peer comparison
Jan 31, 2025