Tapestry Inc (TPR)
Days of inventory on hand (DOH)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 2.00 | 1.96 | 1.82 | 1.69 | 2.16 | 2.22 | 2.26 | 2.03 | 2.12 | 2.15 | 2.08 | 1.82 | 2.05 | 2.17 | 2.54 | 2.12 | 2.27 | 2.04 | 2.42 | 2.00 | |
| DOH | days | 182.46 | 186.06 | 200.09 | 216.38 | 168.97 | 164.50 | 161.46 | 180.15 | 172.47 | 170.06 | 175.79 | 200.61 | 178.40 | 168.50 | 143.57 | 172.19 | 161.14 | 178.62 | 151.13 | 182.69 |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.00
= 182.46
The analysis of Tapestry Inc.'s days of inventory on hand (DOH) over the specified periods reveals notable fluctuations in inventory management efficiency. From September 30, 2020, to December 31, 2020, there was a significant decrease from approximately 182.69 days to 151.13 days, indicating a period of improved inventory turnover. This trend continued with variations, reaching a low of 143.57 days as of December 31, 2021, suggesting enhanced efficiency in converting inventory into sales.
However, beginning around September 30, 2022, the DOH trend shifts upwards, peaking at approximately 200.61 days by September 30, 2022, which may imply increasing inventory levels or slowing sales activity. This increase remains elevated through December 2022 and into March and June 2023, with DOH values fluctuating around the 170 to 180-day range.
A further upward trend appears in the September 30, 2024, measurement, where DOH rises sharply to approximately 216.38 days, suggesting a significant buildup in inventory or reduced sales velocity during this period. Subsequent data for December 2024 indicates a slight reduction to approximately 200.09 days, but the DOH remains elevated relative to earlier periods.
Looking forward into 2025, the DOH shows a decline to approximately 186.06 days by March 2025, with a slight increase projected for June 2025 at about 182.46 days. Overall, the data indicates cyclical fluctuations in inventory turnover, with notable periods of increased inventory duration suggesting potential challenges in inventory management or shifts in sales performance in recent periods.
Peer comparison
Jun 30, 2025