YETI Holdings Inc (YETI)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 2.47 | 2.12 | 2.24 | 1.87 | 3.30 | |
| DOH | days | 147.63 | 172.01 | 162.97 | 195.65 | 110.47 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.47
= 147.63
The days of inventory on hand (DOH) for YETI Holdings Inc have shown some fluctuations over the years. In 2020, the company had an average of 110.47 days worth of inventory on hand, indicating efficient inventory management. However, this figure increased significantly to 195.65 days by the end of 2021, suggesting potential issues with inventory turnover or overstocking.
Subsequently, by the end of 2022, the DOH decreased to 162.97 days, showing some improvement in managing inventory levels. However, in 2023 and 2024, the DOH increased again to 172.01 days and 147.63 days, respectively.
Overall, YETI Holdings Inc's DOH trend indicates variability in inventory management efficiency, with periods of both improvement and deterioration. Further analysis is recommended to understand the factors contributing to these fluctuations and to optimize inventory control strategies.
Peer comparison
Dec 31, 2024