Five Below Inc (FIVE)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.83 | 5.46 | 3.91 | 3.75 | 5.40 | |
| DOH | days | 95.38 | 66.85 | 93.36 | 97.24 | 67.64 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.83
= 95.38
The days of inventory on hand (DOH) for Five Below Inc fluctuated over the period analyzed. In January 2023, the DOH was 67.64 days, indicating the company held inventory for approximately two months before selling it. By January 2025, the DOH increased to 95.38 days, suggesting a longer period for inventory turnover.
The variation in DOH could be attributed to factors such as changes in sales patterns, inventory management practices, or supply chain disruptions. Overall, a higher DOH value may signify potential challenges in managing inventory efficiently, leading to tied-up capital and potentially higher carrying costs. Conversely, a lower DOH may reflect more agile inventory turnover, which can positively impact cash flow and profitability.
Peer comparison
Jan 31, 2025