Steven Madden Ltd (SHOO)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | 5.22 | 5.02 | 5.46 | 4.30 | 7.27 | |
DOH | days | 69.86 | 72.73 | 66.89 | 84.79 | 50.21 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.22
= 69.86
The Days of Inventory on Hand (DOH) for Steven Madden Ltd has shown fluctuations over the past five years, ranging from 50.21 days on December 31, 2020, to 84.79 days on December 31, 2021, before gradually decreasing to 69.86 days by December 31, 2024. This trend indicates that the company held inventory for a longer period in 2021, possibly due to factors such as changes in demand, production delays, or supply chain disruptions. The subsequent decline in the DOH suggests that the company may have implemented inventory management strategies to optimize its stock levels and improve efficiency in inventory turnover. Overall, monitoring the DOH can provide insights into the company's inventory management practices and operational performance over time.
Peer comparison
Dec 31, 2024