Guess? Inc. (GES)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.01 | 5.39 | 3.33 | 3.01 | 4.78 | |
| DOH | days | 121.21 | 67.68 | 109.53 | 121.20 | 76.38 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.01
= 121.21
Based on the data provided, Guess? Inc.'s days of inventory on hand (DOH) has fluctuated over the years.
- As of January 28, 2023, the company had 76.38 days of inventory on hand, indicating that they were able to turn their inventory over approximately every 76 days.
- By January 31, 2023, the DOH increased significantly to 121.20 days, suggesting that the company was holding more inventory relative to their sales.
- However, by January 31, 2024, the DOH improved to 109.53 days, showing a slight decrease in the time it took to sell inventory.
- The trend continued positively by February 3, 2024, with the DOH decreasing further to 67.68 days, indicating more efficient inventory turnover.
- As of January 31, 2025, the DOH rose back up to 121.21 days, signaling a potential slowdown in inventory turnover compared to the earlier period.
Overall, the fluctuation in Guess? Inc.'s days of inventory on hand suggests varying levels of efficiency in managing their inventory levels and sales volumes over the years. It's important for the company to continuously monitor and optimize their inventory management practices to ensure optimal operational performance.