Oxford Industries Inc (OXM)

Days of inventory on hand (DOH)

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Feb 3, 2024	Nov 30, 2023	Oct 28, 2023	Aug 31, 2023	Jul 29, 2023	May 31, 2023	Apr 29, 2023	Feb 28, 2023	Jan 28, 2023	Nov 30, 2022	Oct 29, 2022	Aug 31, 2022	Jul 30, 2022	May 31, 2022	Apr 30, 2022
Inventory turnover		3.38	3.71	6.85	6.39	6.87	6.81	6.00	6.15	6.21	6.20	5.58	5.41	4.14	4.06	4.85	4.91	6.17	6.10	6.68	6.43
DOH	days	108.07	98.26	53.26	57.10	53.13	53.63	60.80	59.31	58.78	58.88	65.42	67.41	88.20	90.01	75.33	74.36	59.15	59.80	54.61	56.76

February 28, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.38
= 108.07

Days of Inventory on Hand (DOH) is a metric used to evaluate how efficiently a company manages its inventory. For Oxford Industries Inc, the DOH has fluctuated over the reporting periods, indicating changes in inventory management efficiency.

In the most recent period, as of February 28, 2025, Oxford Industries Inc had a high DOH of 108.07 days. This suggests that the company held inventory for an average of 108.07 days before selling it. A higher DOH may indicate slow inventory turnover and potential inventory obsolescence issues.

Conversely, in earlier periods such as May 31, 2024, the DOH was lower at 57.10 days, indicating more efficient inventory management with quicker turnover of goods. However, there were certain periods, such as January 28, 2023, and November 30, 2024, where the DOH exceeded 90 days, signifying potential challenges in managing inventory levels effectively.

Overall, Oxford Industries Inc may need to focus on optimizing its inventory management practices to ensure a balance between maintaining sufficient inventory levels to meet demand and minimizing excess inventory carrying costs. It is essential for the company to closely monitor and control its inventory levels to improve operational efficiency and profitability.