PVH Corp (PVH)

Days of inventory on hand (DOH)

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Feb 4, 2024	Nov 30, 2023	Oct 29, 2023	Aug 31, 2023	Jul 30, 2023	May 31, 2023	Apr 30, 2023	Feb 28, 2023	Jan 29, 2023	Nov 30, 2022	Oct 30, 2022	Aug 31, 2022	Jul 31, 2022	May 31, 2022	May 1, 2022
Inventory turnover		2.33	2.18	2.25	2.78	2.83	2.80	2.65	2.57	2.05	2.14	2.33	2.39	2.34	2.23	2.11	2.04	2.13	2.19	2.73	2.81
DOH	days	156.87	167.55	162.57	131.13	128.94	130.51	137.64	141.84	177.86	170.31	156.32	152.56	156.30	163.51	173.19	178.90	171.67	166.98	133.67	130.12

February 28, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.33
= 156.87

The days of inventory on hand (DOH) for PVH Corp have shown fluctuations over the period analyzed. Starting at 130.12 days on May 1, 2022, the DOH increased to 171.67 days by August 31, 2022, indicating a higher level of inventory relative to sales. This trend continued with a further increase to 178.90 days by October 30, 2022.

However, from October 2022 to February 2024, there was a notable decline in DOH, reaching a low of 128.94 days by February 29, 2024. This suggests improved inventory management efficiency during this period.

Subsequently, there was a slight increase in DOH, reaching 167.55 days by November 30, 2024. The DOH then decreased to 156.87 days by February 28, 2025. Overall, PVH Corp has shown some variability in managing its inventory levels, with periods of high and low DOH. The company should continue monitoring and adjusting its inventory levels to optimize operations and maintain efficient working capital management.