Ethan Allen Interiors Inc (ETD)

The days of inventory on hand (DOH) for Ethan Allen Interiors Inc. has exhibited notable fluctuations over the reported periods. As of June 30, 2021, the company maintained an inventory turnover period of approximately 179.93 days. This figure increased markedly by June 30, 2022, reaching approximately 193.43 days, indicating a lengthening of the inventory holding period year-over-year.

The subsequent fiscal year, ending June 30, 2023, saw a reduction in DOH to approximately 175.09 days, suggesting an improvement in inventory management and a faster turnover relative to the previous period. However, the trend reversed thereafter, with the days of inventory on hand rising substantially to approximately 204.79 days as of June 30, 2024. This increase signals a slowdown in inventory turnover, possibly attributable to overstocking, slower sales, or shifts in demand.

The most recent data point from June 30, 2025, indicates a further rise in DOH to approximately 212.04 days, representing a continued elongation of the inventory period. This persistent upward trend over the last two years suggests ongoing challenges in inventory management, potentially impacting liquidity and operational efficiency.

Overall, the pattern indicates periods of both improvement and deterioration in inventory turnover, with recent years demonstrating a trend toward longer inventory holding durations. Such a trend warrants careful monitoring, as extended DOH can tie up working capital and increase carrying costs, potentially affecting profitability and operational agility.

Peer comparison

Jun 30, 2025