Oxford Industries Inc (OXM)

Short-term

Turnover ratios

Oxford Industries Inc's inventory turnover has shown a fluctuating trend over the past several periods, ranging from 3.63 to 12.31 times per year. The company has managed to maintain a relatively stable average inventory turnover rate with occasional peaks and dips. This indicates that Oxford Industries is effectively managing its inventory levels and reducing the time it takes to sell its products.

The receivables turnover ratio has also been volatile, varying from 9.99 to 30.85 times per year. Overall, Oxford Industries has a good track record of collecting receivables efficiently, with a higher turnover indicating that the company's credit policies are effective in ensuring prompt payment from customers.

On the other hand, the payables turnover ratio has exhibited a similar fluctuating pattern, ranging from 7.21 to 21.01 times per year. This suggests that Oxford Industries is managing its accounts payable well, with a higher turnover ratio indicating that the company is paying its suppliers in a timely manner.

The working capital turnover ratio has shown significant variability, fluctuating from 3.70 to 30.92 times per year. This ratio reflects how efficiently the company is using its working capital to generate sales revenue. The fluctuating trend indicates that Oxford Industries may need to focus on improving its working capital management to ensure consistent and optimal utilization of resources.

Overall, while Oxford Industries has shown some variability in its activity ratios, the company generally appears to be managing its inventory, receivables, payables, and working capital effectively. Maintaining a balance between these ratios is crucial for sustaining the company's operational efficiency and financial health.

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Average number of days

Days of Inventory on Hand (DOH) measures how efficiently a company manages its inventory. A lower DOH indicates that inventory is being turned over quickly, which is generally favorable. Oxford Industries Inc's DOH has fluctuated over the periods, with a range from 29.65 days to 100.59 days. The company's inventory management seems to have improved in recent periods, with the latest DOH of 38.27 days showing better inventory turnover.

Days of Sales Outstanding (DSO) reflects the average number of days it takes for a company to collect revenue after a sale. A lower DSO suggests more efficient collection procedures. Oxford Industries Inc's DSO has varied over time, ranging from 11.83 days to 36.53 days. The company has shown consistency in managing its credit collections, with the latest DSO of 19.24 days reflecting a good collection process.

Number of Days of Payables evaluates how long a company takes to pay its suppliers. A longer period may indicate better cash flow management, but it could also signal potential issues with supplier relationships. Oxford Industries Inc's days of payables have fluctuated, ranging from 17.27 days to 50.60 days. The company's latest data shows 20.52 days, indicating a moderate payment period to suppliers.

Overall, the analysis of Oxford Industries Inc's activity ratios suggests improvements in inventory turnover and credit collection efficiency. The company maintains a reasonable payment period to suppliers, indicating a balanced approach in managing its working capital.

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Long-term

The long-term activity ratios of Oxford Industries Inc, namely the fixed asset turnover and total asset turnover, provide insights into the company's efficiency in utilizing its assets to generate revenues.

Fixed asset turnover has shown a fluctuating trend over the periods analyzed, ranging from a low of 4.64 to a high of 8.40. This ratio measures how effectively the company generates sales from its investment in fixed assets. An increasing trend in this ratio indicates that the company is efficiently utilizing its fixed assets to generate revenue. Despite some variability, the ratio generally remained above 5.0, indicating that Oxford Industries Inc has been effectively using its fixed assets to generate sales.

Total asset turnover, on the other hand, has also shown a fluctuating pattern over the periods analyzed, ranging from a low of 0.87 to a high of 1.43. This ratio measures the company's ability to generate sales from all its assets, including both fixed and current assets. A higher total asset turnover ratio indicates that the company is generating more sales relative to its total assets, which is a positive sign of efficiency.

Overall, despite some fluctuations, both the fixed asset turnover and total asset turnover ratios for Oxford Industries Inc demonstrate that the company has been effectively utilizing its assets to generate revenues over the periods analyzed. The company's ability to maintain relatively high turnover ratios indicates a strong operational efficiency in converting its assets into sales.