Wolverine World Wide Inc (WWW)
Days of inventory on hand (DOH)
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 4.10 | 3.65 | 3.75 | 3.45 | 3.67 | 2.62 | 2.44 | 2.24 | 2.17 | 1.76 | 2.34 | 3.00 | 3.79 | 3.20 | 3.76 | 3.39 | 4.34 | 3.46 | 3.02 | 3.22 | |
| DOH | days | 89.07 | 99.95 | 97.35 | 105.79 | 99.51 | 139.28 | 149.79 | 163.15 | 168.48 | 207.87 | 156.12 | 121.65 | 96.32 | 114.20 | 97.17 | 107.81 | 84.07 | 105.39 | 120.79 | 113.43 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.10
= 89.07
Wolverine World Wide Inc's days of inventory on hand (DOH) has fluctuated over the period under review.
The trend shows an increase in DOH from March 31, 2020, to September 30, 2020, peaking at 120.79 days, which may indicate slower inventory turnover during that period. However, there was a notable decrease in DOH by December 31, 2020, to 84.07 days, suggesting improved efficiency in managing inventory levels.
Subsequently, there were fluctuations in DOH figures until June 30, 2021, where it stood at 97.17 days. The trend then shows an increase in DOH from September 30, 2021, reaching its peak at 207.87 days by September 30, 2022. Such a high number of days indicates that the company may be holding onto inventory for an extended period.
From December 31, 2022, to June 30, 2024, the DOH figures show a decreasing trend, suggesting a potential improvement in inventory management efficiency during those periods.
Overall, the analysis of Wolverine World Wide Inc's DOH figures indicates fluctuations in inventory turnover efficiency over the period examined, with notable peaks and troughs that may require further investigation and management attention to optimize inventory levels and turnover.
Peer comparison
Dec 31, 2024