Shoe Carnival Inc (SCVL)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 2.01 | 2.18 | 2.18 | 2.03 | 2.03 | |
| DOH | days | 181.82 | 167.60 | 167.60 | 179.45 | 179.45 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.01
= 181.82
The days of inventory on hand (DOH) for Shoe Carnival Inc has shown some variability over the years based on the provided data. As of January 28, 2023, and January 31, 2023, the company had an inventory holding period of 179.45 days, indicating a relatively high level of inventory relative to sales.
However, in the following year, as of January 31, 2024, and February 3, 2024, the DOH decreased to 167.60 days, suggesting that the company managed its inventory more efficiently during that period.
By January 31, 2025, the DOH increased to 181.82 days, which implies that Shoe Carnival Inc may be facing challenges in effectively managing its inventory levels and turnover.
Overall, fluctuations in the DOH metric can signify changes in inventory management practices, production efficiency, demand forecasting, and sales trends within the company. It is essential for Shoe Carnival Inc to monitor and optimize its inventory levels to ensure cost-effectiveness and operational efficiency.
Peer comparison
Jan 31, 2025