Victoria's Secret & Co (VSCO)
Days of inventory on hand (DOH)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 6.06 | 3.42 | 3.93 | 3.94 | 3.89 | 4.77 | 5.51 | 5.71 | ||||
| DOH | days | 60.21 | 106.59 | 92.95 | 92.67 | 93.79 | 76.45 | 66.20 | 63.89 |
February 3, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.06
= 60.21
The days of inventory on hand (DOH) for Victoria's Secret & Co have shown some fluctuations over the past several quarters. The company's inventory turnover efficiency improved from 106.59 days on October 28, 2023, to 60.21 days on February 3, 2024, indicating a significant reduction in the time it takes to sell inventory.
However, looking at the trend over the past year, the DOH has generally been in the range of 60 to 100 days, with some variability. This suggests that Victoria's Secret & Co may have experienced challenges in managing its inventory levels efficiently during certain quarters.
Overall, a lower DOH is generally preferred as it indicates that the company is selling inventory more quickly and efficiently. Victoria's Secret & Co should continue monitoring and optimizing its inventory management practices to ensure a healthy balance between stock levels and sales performance.
Peer comparison
Feb 3, 2024