Guess? Inc. (GES)
Days of inventory on hand (DOH)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 5.39 | 4.78 | 3.08 | 3.03 | 4.23 | |
| DOH | days | 67.68 | 76.38 | 118.65 | 120.43 | 86.32 |
February 3, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.39
= 67.68
The days of inventory on hand (DOH) for Guess? Inc. have demonstrated fluctuations over the past five years. The trend shows a decrease in DOH from 120.43 days in January 2021 to 67.68 days in February 2024, indicating an improvement in inventory management efficiency over this period.
The significant reduction in DOH from 2021 to 2024 suggests that Guess? Inc. has been able to optimize its inventory levels and turnover rates. This could be attributed to better demand forecasting, efficient inventory control systems, and streamlined supply chain management practices.
Although DOH increased in 2022 compared to the previous year, the subsequent decrease in 2023 and 2024 indicates a positive trend towards more effective inventory management. Overall, the downward trend in the days of inventory on hand reflects a potential enhancement in Guess? Inc.'s operational performance in managing its inventory resources efficiently.