Ralph Lauren Corp Class A (RL)

Days of inventory on hand (DOH)

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Inventory turnover		2.44	2.15	1.89	1.90	2.13	1.81	1.76	1.83	2.12	2.17	2.05	2.25	2.03	1.98	2.11	2.76	3.40	2.69	2.40	2.47
DOH	days	149.71	169.98	193.07	192.42	171.67	201.35	207.34	199.80	172.24	168.01	177.97	162.04	179.96	184.31	172.74	132.04	107.21	135.82	151.80	147.88

March 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.44
= 149.71

The Days of Inventory on Hand (DOH) for Ralph Lauren Corp Class A has shown fluctuations over the past few years, ranging from a low of 107.21 days on June 30, 2020, to a high of 207.34 days on September 30, 2022.

The trend indicates that the company's inventory management has been somewhat inconsistent, with levels reaching their peak in recent years. This could suggest challenges in effectively managing and selling inventory, potentially leading to increased carrying costs and storage expenses.

The significant variability in DOH figures also implies potential issues with demand forecasting and production planning, which may result in excess or obsolete inventory. It is important for Ralph Lauren Corp Class A to closely monitor and optimize their inventory management practices to improve efficiency and profitability in the long run.