RH (RH)
Days of inventory on hand (DOH)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 3.94 | 3.86 | 3.78 | 3.78 | 3.95 | 3.70 | 3.55 | 3.70 | 4.13 | 4.54 | 4.46 | — | 4.79 | 4.91 | — | — | 4.26 | — | — | — | |
| DOH | days | 92.53 | 94.48 | 96.53 | 96.55 | 92.32 | 98.71 | 102.93 | 98.73 | 88.31 | 80.36 | 81.92 | — | 76.12 | 74.28 | — | — | 85.71 | — | — | — |
February 3, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.94
= 92.53
The Days of Inventory on Hand (DOH) for RH has shown some fluctuations over the past few periods. From February 3, 2024, to July 29, 2023, the DOH increased steadily from 92.53 days to 96.53 days. This suggests that RH was holding inventory for a longer period in those quarters. However, there was a slight decrease in DOH in the following quarter to 96.55 days.
Comparing the latest DOH figure to historical data, the current level of 96.55 days is higher than the average DOH observed over the last few periods. This could indicate that RH is carrying excess inventory or facing challenges in efficiently managing its inventory levels. Further analysis would be needed to understand the reasons behind this trend and its potential impact on the company's operations and financial performance.
Peer comparison
Feb 3, 2024