Oxford Industries Inc (OXM)

The days of inventory on hand (DOH) for Oxford Industries Inc has varied over the past five years, as indicated by the data provided.

In 2024, the company had an inventory turnover efficiency of 38.09 days, which represents a significant improvement compared to the prior year. This suggests that Oxford Industries managed its inventory more effectively, potentially reducing holding costs and minimizing the risk of obsolete inventory.

Conversely, in 2023, the DOH increased to 65.53 days, indicating that inventory turnover slowed down significantly compared to the previous year. This could imply challenges in managing inventory levels efficiently, leading to higher holding costs and a potentially higher risk of inventory obsolescence.

In 2022, the DOH decreased to 42.00 days, showing an improvement in inventory turnover compared to the prior year. This could indicate better inventory management practices or possibly a shift in sales patterns that required lower levels of inventory on hand.

The DOH was 49.68 days in 2021, which was higher than the previous year. This suggests that Oxford Industries may have faced challenges in optimizing its inventory levels, potentially leading to higher holding costs and a less efficient use of working capital.

In 2020, the company had a DOH of 53.11 days, indicating a slower inventory turnover compared to the preceding year. This could imply challenges in managing inventory effectively, potentially leading to increased holding costs and a higher risk of inventory obsolescence.

Overall, the fluctuation in Oxford Industries' days of inventory on hand over the past five years highlights the importance of efficient inventory management in controlling costs and ensuring the company's competitiveness in the market.

Peer comparison

Feb 3, 2024