Oxford Industries Inc (OXM)
Days of inventory on hand (DOH)
| Feb 28, 2025 | Feb 29, 2024 | Feb 3, 2024 | Feb 28, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.36 | 3.61 | 9.58 | 2.37 | 5.57 | |
| DOH | days | 108.64 | 101.13 | 38.09 | 153.73 | 65.53 |
February 28, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.36
= 108.64
The days of inventory on hand (DOH) for Oxford Industries Inc has fluctuated over the periods analyzed. As of January 28, 2023, the company held inventory for an average of 65.53 days, indicating a reasonable turnover rate. However, by February 28, 2023, the DOH had significantly increased to 153.73 days, suggesting potential inefficiencies in managing inventory levels.
Over the following years, there were mixed results in inventory management. By February 3, 2024, the DOH decreased to 38.09 days, potentially reflecting improved inventory control. Nevertheless, by February 29, 2024, the DOH rose to 101.13 days, signaling a resurgence in inventory holding periods.
As of February 28, 2025, the DOH stood at 108.64 days, indicating that the company may be carrying excess inventory relative to sales levels. Overall, the fluctuating trend in the DOH for Oxford Industries Inc suggests a need for closer monitoring and optimization of inventory management practices to enhance operational efficiency and financial performance.
Peer comparison
Feb 28, 2025