Guess? Inc. (GES)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 3.01 | 2.84 | 3.30 | 3.49 | 4.69 | 3.89 | 3.43 | 3.39 | 3.39 | 3.55 | 3.93 | 3.98 | 4.14 | 3.97 | 3.32 | 3.28 | 3.25 | 3.35 | 3.21 | 3.37 | |
| DOH | days | 121.25 | 128.56 | 110.76 | 104.65 | 77.79 | 93.93 | 106.46 | 107.70 | 107.59 | 102.88 | 92.84 | 91.68 | 88.22 | 91.87 | 110.08 | 111.12 | 112.45 | 108.85 | 113.58 | 108.28 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.01
= 121.25
The days of inventory on hand (DOH) for Guess? Inc. has fluctuated over the period from January 31, 2022, to January 31, 2025.
The data shows that DOH ranged from a high of 128.56 days on October 31, 2024, to a low of 77.79 days on February 3, 2024. This wide range indicates potential variations in inventory management efficiency during the period under consideration.
On average, Guess? Inc. held inventory for approximately 100 days during the period, although there were notable deviations from this average. For instance, the DOH dropped significantly to 77.79 days on February 3, 2024, suggesting a more aggressive inventory turnover strategy at that specific point in time.
Overall, the trend in DOH appears to have been relatively stable, with fluctuations observed but no consistent upward or downward trajectory. It is essential for the company to closely monitor its inventory levels to ensure optimal balance between having enough inventory to meet customer demand and avoiding excess inventory holding costs.