Ulta Beauty Inc (ULTA)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.51 | 4.02 | 3.92 | 3.84 | 3.94 | |
| DOH | days | 103.99 | 90.73 | 93.15 | 94.95 | 92.61 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.51
= 103.99
Ulta Beauty Inc's days of inventory on hand (DOH) have exhibited some fluctuations over the past few years. As of January 28, 2023, the company had 92.61 days of inventory on hand, which increased to 94.95 days by January 31, 2023. However, by January 31, 2024, the DOH decreased slightly to 93.15 days, followed by a further reduction to 90.73 days by February 3, 2024. The trend reversed in the subsequent period, with the DOH increasing significantly to 103.99 days by January 31, 2025. The varying levels of DOH suggest fluctuations in inventory management efficiency and could indicate potential challenges in managing inventory levels effectively. Further analysis of the factors impacting inventory management practices would be beneficial to ascertain the reasons behind these fluctuations.
Peer comparison
Jan 31, 2025