Signet Jewelers Ltd (SIG)

Signet Jewelers Ltd's days of inventory on hand (DOH) has shown a decreasing trend over the past few years. As of January 30, 2021, the company held inventory for an average of 114.43 days before selling it, indicating a longer holding period. Subsequently, the DOH decreased to 88.06 days by January 29, 2022, suggesting a more efficient management of inventory. The trend continued with DOH further declining to 89.66 days by January 28, 2023, and then to 86.75 days by February 3, 2024. This improvement in inventory turnover efficiency implies that the company is able to sell its products faster. By February 1, 2025, the DOH remained relatively consistent at 87.09 days, demonstrating stable inventory management. Overall, the decreasing trend in DOH indicates that Signet Jewelers Ltd has been optimizing its inventory levels and turnover efficiency in recent years.