Steven Madden Ltd (SHOO)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 5.22 | 4.85 | 5.21 | 5.98 | 5.02 | 5.43 | 5.40 | 6.59 | 5.46 | 5.39 | 4.23 | 5.18 | 4.30 | 4.85 | 6.97 | 6.88 | 7.27 | 7.12 | 8.52 | 10.49 | |
| DOH | days | 69.86 | 75.20 | 70.06 | 61.02 | 72.73 | 67.26 | 67.54 | 55.42 | 66.89 | 67.74 | 86.21 | 70.48 | 84.79 | 75.23 | 52.40 | 53.03 | 50.21 | 51.27 | 42.83 | 34.79 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.22
= 69.86
The days of inventory on hand (DOH) for Steven Madden Ltd have shown some fluctuations over the reported periods. The DOH indicates how many days a company takes, on average, to sell its inventory.
From March 31, 2020, to March 31, 2023, the DOH increased gradually from 34.79 days to 55.42 days. This may indicate either a buildup in inventory levels or slower inventory turnover during this period.
However, from June 30, 2023, to December 31, 2024, there were fluctuations in the DOH, ranging from a low of 61.02 days to a high of 86.21 days. This suggests some inconsistency in managing and selling inventory during these periods.
On average, the DOH for Steven Madden Ltd over the reported periods was approximately 65.82 days, indicating that the company holds inventory for about 2 months before selling it.
Overall, fluctuations in the DOH can impact working capital requirements and profitability. It is essential for the company to closely monitor and manage its inventory levels to optimize its operations and financial performance.
Peer comparison
Dec 31, 2024