Kohls Corp (KSS)
Days of inventory on hand (DOH)
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 5.82 | 5.60 | 5.79 | 6.30 | 5.33 | |
| DOH | days | 62.72 | 65.12 | 63.06 | 57.92 | 68.54 |
February 3, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.82
= 62.72
Kohls Corp's days of inventory on hand (DOH) has shown some fluctuations over the past five years. The trend indicates that the company is holding its inventory for an average of around 62 to 68 days before selling it.
The DOH increased from 57.92 days in 2021 to 68.54 days in 2020, showing a significant rise in the time taken to sell inventory. However, it decreased to 62.72 days in 2024, suggesting that the company has been able to manage its inventory more efficiently in the most recent year.
Overall, maintaining a lower DOH indicates that Kohls Corp is effectively managing its inventory levels and turning over its inventory more quickly. This can lead to reduced holding costs and potentially higher profitability through improved inventory management practices.
Peer comparison
Feb 3, 2024