Dollar Tree Inc (DLTR)
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 | 4.22 | 3.89 | 4.35 | 4.42 | 4.07 | 4.17 | 3.74 | 3.74 | 3.86 | 3.88 | 4.08 | 4.03 | 3.74 | 3.43 | 3.36 | 3.31 | 3.46 | 3.52 | 3.98 | 4.39 | |
DOH | days | 86.43 | 93.84 | 84.00 | 82.56 | 89.77 | 87.51 | 97.46 | 97.69 | 94.62 | 93.96 | 89.50 | 90.47 | 97.50 | 106.44 | 108.58 | 110.35 | 105.36 | 103.69 | 91.77 | 83.07 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.22
= 86.43
The Days of Inventory on Hand (DOH) ratio for Dollar Tree Inc has shown some fluctuations over the past few years. Initially, the DOH was around 83 days as of January 31, 2022, indicating that the company held its inventory for approximately 83 days before selling it.
Throughout the subsequent quarters, the DOH increased steadily, reaching a peak of 110.35 days as of October 29, 2022. This prolonged holding period could suggest potential challenges in managing inventory levels efficiently or could be a result of seasonal fluctuations influencing sales and inventory turnover.
However, in the following quarters, there was a gradual decline in the DOH ratio, indicating that Dollar Tree Inc was able to improve its inventory management practices. By January 31, 2025, the DOH had decreased to around 86 days, suggesting that the company was able to optimize its inventory turnover and reduce the time taken to sell its inventory.
Overall, the trend in the DOH ratio for Dollar Tree Inc reflects fluctuations in inventory management efficiency over the analyzed period, with efforts to streamline processes and enhance inventory turnover observed in later periods. Trading Day information.
Peer comparison
Jan 31, 2025
See also:
Dollar Tree Inc Average Inventory Processing Period (Quarterly Data)