Skechers USA Inc (SKX)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 2.19 | 2.52 | 2.16 | 2.17 | 2.37 | |
| DOH | days | 166.73 | 144.69 | 168.88 | 168.53 | 154.14 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.19
= 166.73
The days of inventory on hand (DOH) for Skechers USA Inc have shown some variability over the past five years. In December 31, 2020, the company had 154.14 days of inventory on hand, which increased to 168.53 days by December 31, 2021, and continued to rise slightly to 168.88 days by December 31, 2022.
However, there was a decrease in the DOH to 144.69 days by December 31, 2023, indicating a potential improvement in inventory management efficiency. This trend reversed in the following year as the DOH increased to 166.73 days by December 31, 2024.
Overall, the fluctuation in Skechers' DOH suggests that the company may have experienced challenges in managing its inventory effectively, with periods of both longer and shorter times required to sell or use up its inventory. Monitoring and potentially optimizing inventory turnover could help improve operational efficiency and financial performance in the future.
Peer comparison
Dec 31, 2024