Oxford Industries Inc (OXM)

Cash conversion cycle

		Feb 28, 2025	Feb 29, 2024	Feb 3, 2024	Feb 28, 2023	Jan 28, 2023
Days of inventory on hand (DOH)	days	108.64	101.13	38.09	153.73	65.53
Days of sales outstanding (DSO)	days	—	—	19.24	—	16.37
Number of days of payables	days	—	—	20.42	—	28.16
Cash conversion cycle	days	108.64	101.13	36.91	153.73	53.74

February 28, 2025 calculation

Cash conversion cycle = DOH + DSO – Number of days of payables
= 108.64 + — – —
= 108.64

The cash conversion cycle of Oxford Industries Inc has fluctuated over the years based on the provided data.

On January 28, 2023, the cash conversion cycle was 53.74 days, indicating that the company takes more than 50 days to convert its investments in inventory and accounts receivable into cash.

This cycle increased significantly by February 28, 2023, to 153.73 days, which suggests that Oxford Industries Inc experienced delays in converting its resources into cash during that period.

There was a substantial improvement by February 3, 2024, with a cash conversion cycle of 36.91 days, indicating that the company was able to convert its investments more efficiently.

However, by February 29, 2024, the cycle had increased to 101.13 days, signifying a reversal in efficiency in managing the conversion of assets into cash.

As of February 28, 2025, the cash conversion cycle stands at 108.64 days, showing a slightly longer duration for converting assets into cash compared to the previous year.

Overall, varying trends in the cash conversion cycle indicate fluctuations in the company's ability to manage its working capital efficiently, with potential areas for improvement in its inventory management and accounts receivable collection processes.