G-III Apparel Group Ltd (GIII)

Days of inventory on hand (DOH)

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Oct 31, 2023	Jul 31, 2023	Apr 30, 2023	Jan 31, 2023	Oct 31, 2022	Jul 31, 2022	Apr 30, 2022	Jan 31, 2022	Oct 31, 2021	Jul 31, 2021	Apr 30, 2021	Jan 31, 2021	Oct 31, 2020	Jul 31, 2020	Apr 30, 2020
Inventory turnover		3.96	3.52	3.04	3.89	3.58	3.29	2.54	67.32	3.00	2.27	1.90	3.45	3.47	3.61	2.97	3.91	3.15	3.20	2.92	3.85
DOH	days	92.18	103.58	120.23	93.74	101.86	110.92	143.55	5.42	121.81	160.53	191.60	105.86	105.12	101.09	122.97	93.42	115.99	114.22	125.16	94.85

January 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.96
= 92.18

The days of inventory on hand (DOH) for G-III Apparel Group Ltd has shown variability over the past few years, ranging from as low as 5.42 days to as high as 191.60 days.

Observing the trend, the company's DOH increased significantly in July 2022, marking a sharp rise from the previous periods. This spike could indicate potential issues with managing inventory, such as overstocking or slowing sales.

Subsequently, the DOH fluctuated but remained relatively elevated for a few periods before gradually decreasing towards a more stable range in the most recent periods. These fluctuations may suggest efforts by the company to optimize inventory levels and improve its inventory management practices.

Overall, monitoring the DOH can provide insights into the company's efficiency in managing its inventory levels, identifying potential operational challenges or improvements in inventory turnover, and helping evaluate the effectiveness of inventory management strategies over time.