Kohls Corp (KSS)
Days of inventory on hand (DOH)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 5.82 | 4.12 | 5.07 | 5.02 | 5.60 | 3.61 | 4.39 | 4.76 | 5.79 | 4.75 | 6.23 | 6.13 | 6.02 | 4.47 | 6.07 | 4.91 | 4.81 | 3.46 | 4.23 | 4.10 | |
| DOH | days | 62.72 | 88.69 | 71.94 | 72.65 | 65.12 | 101.20 | 83.11 | 76.73 | 63.06 | 76.81 | 58.58 | 59.53 | 60.63 | 81.62 | 60.09 | 74.33 | 75.82 | 105.39 | 86.19 | 89.05 |
February 3, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.82
= 62.72
The days of inventory on hand (DOH) for Kohl's Corp has shown fluctuations over the periods analyzed. The DOH ranged from a low of 58.58 days to a high of 105.39 days, indicating variations in the efficiency of managing inventory levels.
The trend in the DOH suggests that Kohl's may have experienced challenges in effectively managing their inventory during certain periods, as evidenced by higher DOH numbers such as 101.20 days, 105.39 days, and 89.05 days. These high levels of DOH may imply slower inventory turnover, potentially leading to increased carrying costs and inventory obsolescence risks.
Conversely, there were also periods where Kohl's exhibited more efficient inventory management, with lower DOH figures like 58.58 days, 60.09 days, and 60.63 days. These lower DOH values indicate a faster turnover of inventory, which can result in reduced holding costs and better alignment of inventory levels with customer demand.
Overall, it is important for Kohl's to closely monitor and manage their inventory levels to optimize their DOH metric, ensuring a balance between having enough inventory to meet customer demand while minimizing carrying costs and risks associated with excess inventory.
Peer comparison
Feb 3, 2024