Ethan Allen Interiors Inc (ETD)
Days of inventory on hand (DOH)
| Jun 30, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 1.72 | 1.63 | 1.73 | 1.75 | 1.78 | 1.79 | 1.97 | 1.94 | 2.08 | 2.21 | 2.12 | 2.06 | 1.89 | 1.70 | 1.87 | 1.89 | 2.03 | 1.93 | 1.99 | 1.98 | |
| DOH | days | 212.04 | 224.51 | 210.83 | 209.01 | 204.62 | 203.37 | 185.48 | 188.42 | 175.09 | 165.38 | 172.57 | 177.46 | 193.43 | 214.49 | 194.85 | 193.19 | 179.93 | 189.00 | 183.36 | 184.11 |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.72
= 212.04
Ethan Allen Interiors Inc.'s days of inventory on hand (DOH) over the analyzed period demonstrates notable fluctuations, reflecting changes in inventory management, sales cycles, and operational efficiency. As of September 30, 2020, the company reported a DOH of approximately 184.11 days, which remained relatively stable through the end of 2020, with minor decreases to 183.36 days by December 31, 2020. The inventory period increased modestly in the first quarter of 2021 to 189.00 days but decreased again in the second quarter to approximately 179.93 days.
During 2021, the DOH generally trended upward, reaching a peak of approximately 194.85 days on December 31, 2021. This indicates that inventory was held for longer periods, potentially suggesting slower inventory turnover or increased stock accumulation in response to demand patterns or supply chain considerations. The upward trend continued into early 2022, with the DOH reaching 214.49 days on March 31, 2022, representing a significant elongation in inventory holding periods.
Following this peak, the DOH decreased throughout the latter half of 2022, reaching approximately 172.57 days by December 31, 2022. This reduction points to an improvement in inventory turnover efficiency, possibly aligning with strategic initiatives to optimize stock levels and reduce holding costs. In 2023, the DOH further declined to 165.38 days by March 31, indicating an even more efficient inventory cycle, before experiencing a slight increase to 188.42 days on September 30, 2023.
The most recent data for the period ending December 31, 2023, shows a DOH of approximately 185.48 days, consistent with previous performance levels. Projections into 2024 and 2025 suggest an upward trend, with DOH reaching approximately 210.83 days by December 31, 2024, and further increasing to 224.51 days by March 31, 2025. This upward trajectory may reflect anticipated inventory accumulation, shifts in supply chain dynamics, or strategic inventory build-up for future sales periods.
Overall, the data indicates that Ethan Allen Interiors Inc.'s inventory holding period has experienced significant variation over the analyzed timeframe. Periods of higher DOH suggest challenges in inventory turnover, while declines indicate periods of improved efficiency. The recent trend points towards a substantial increase in inventory days, highlighting potential concerns over inventory management or strategic stockholding in anticipation of future sales or supply chain constraints.
Peer comparison
Jun 30, 2025