Stock Analysis on Net

Deckers Outdoor Corp. (NYSE:DECK)

This company has been moved to the archive! The financial data has not been updated since February 5, 2024.

Analysis of Short-term (Operating) Activity Ratios
Quarterly Data

Microsoft Excel

Short-term Activity Ratios (Summary)

Deckers Outdoor Corp., short-term (operating) activity ratios (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Turnover Ratios
Inventory turnover 3.48 2.57 2.45 3.38 2.47 1.86 1.93 3.04 2.59 2.08 2.79 4.21 3.57 2.19 2.35 3.30 2.84 1.81 2.09 3.52 2.92 1.90 2.27 3.24
Receivables turnover 12.42 8.01 13.60 12.03 10.94 7.85 10.12 10.41 8.89 7.74 12.65 11.80 7.54 6.81 15.82 11.49 7.50 6.24 12.82 11.31 7.27 6.10 14.74 13.24
Payables turnover 3.70 3.91 3.46 6.78 3.66 3.56 2.68 4.71 2.96 2.67 3.24 5.06 3.60 3.38 4.03 6.96 4.24 3.22 3.30 7.84 4.37 3.53 3.76 10.34
Working capital turnover 2.39 2.75 2.56 2.57 2.50 2.88 2.83 2.60 2.35 2.47 2.46 2.15 1.84 2.23 2.39 2.39 2.45 3.12 2.74 2.39 2.50 3.12 2.84 2.64
Average No. Days
Average inventory processing period 105 142 149 108 148 197 189 120 141 175 131 87 102 167 155 111 129 202 174 104 125 192 161 113
Add: Average receivable collection period 29 46 27 30 33 46 36 35 41 47 29 31 48 54 23 32 49 59 28 32 50 60 25 28
Operating cycle 134 188 176 138 181 243 225 155 182 222 160 118 150 221 178 143 178 261 202 136 175 252 186 141
Less: Average payables payment period 99 93 105 54 100 103 136 77 123 137 113 72 101 108 90 52 86 113 110 47 84 103 97 35
Cash conversion cycle 35 95 71 84 81 140 89 78 59 85 47 46 49 113 88 91 92 148 92 89 91 149 89 106

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

Short-term activity ratio Description The company
Inventory turnover An activity ratio calculated as cost of goods sold divided by inventory. Deckers Outdoor Corp. inventory turnover ratio improved from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Receivables turnover An activity ratio equal to revenue divided by receivables. Deckers Outdoor Corp. receivables turnover ratio deteriorated from Q1 2024 to Q2 2024 but then improved from Q2 2024 to Q3 2024 not reaching Q1 2024 level.
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Deckers Outdoor Corp. payables turnover ratio increased from Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024.
Working capital turnover An activity ratio calculated as revenue divided by working capital. Deckers Outdoor Corp. working capital turnover ratio improved from Q1 2024 to Q2 2024 but then deteriorated significantly from Q2 2024 to Q3 2024.

Short-term activity ratio Description The company
Average inventory processing period An activity ratio equal to the number of days in the period divided by inventory turnover over the period. Deckers Outdoor Corp. number of days of inventory outstanding improved from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover. Deckers Outdoor Corp. number of days of receivables outstanding deteriorated from Q1 2024 to Q2 2024 but then improved from Q2 2024 to Q3 2024 not reaching Q1 2024 level.
Operating cycle Equal to average inventory processing period plus average receivables collection period. Deckers Outdoor Corp. operating cycle deteriorated from Q1 2024 to Q2 2024 but then improved from Q2 2024 to Q3 2024 exceeding Q1 2024 level.
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period.
Cash conversion cycle A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. Deckers Outdoor Corp. cash conversion cycle deteriorated from Q1 2024 to Q2 2024 but then improved from Q2 2024 to Q3 2024 exceeding Q1 2024 level.

Inventory Turnover

Deckers Outdoor Corp., inventory turnover calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data (US$ in thousands)
Cost of sales 643,738 508,888 329,367 395,403 633,111 453,693 319,709 377,268 566,531 354,814 244,175 262,538 463,862 304,548 140,603 181,912 431,103 269,181 146,820 190,825 403,707 250,026 135,629 208,255 387,007 257,343 119,092
Inventories 538,963 726,332 740,553 532,852 723,364 925,043 839,509 506,796 550,749 636,270 457,704 278,242 305,298 484,138 434,974 311,620 365,946 558,875 473,394 278,842 342,043 514,927 435,564 299,602 396,309 555,560 441,648
Short-term Activity Ratio
Inventory turnover1 3.48 2.57 2.45 3.38 2.47 1.86 1.93 3.04 2.59 2.08 2.79 4.21 3.57 2.19 2.35 3.30 2.84 1.81 2.09 3.52 2.92 1.90 2.27 3.24
Benchmarks
Inventory Turnover, Competitors2
lululemon athletica inc. 2.38 2.30 2.36 2.50 1.88 2.10 2.25 2.74 2.62 2.96 2.93 2.99 2.34 2.57 2.74 3.39 2.66 3.23 3.45 3.64
Nike Inc. 3.72 3.62 3.34 3.42 3.19 2.92 2.67 3.00 3.27 3.85 3.77 3.59 3.26 3.59 3.17 2.87 3.92 3.61 3.75 3.85

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Inventory turnover = (Cost of salesQ3 2024 + Cost of salesQ2 2024 + Cost of salesQ1 2024 + Cost of salesQ4 2023) ÷ Inventories
= (643,738 + 508,888 + 329,367 + 395,403) ÷ 538,963 = 3.48

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Inventory turnover An activity ratio calculated as cost of goods sold divided by inventory. Deckers Outdoor Corp. inventory turnover ratio improved from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Receivables Turnover

Deckers Outdoor Corp., receivables turnover calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data (US$ in thousands)
Net sales 1,560,307 1,091,907 675,791 791,571 1,345,640 875,614 614,461 736,007 1,187,752 721,902 504,678 561,188 1,077,759 623,525 283,169 374,910 938,735 542,205 276,839 394,130 873,800 501,913 250,594 400,684 810,478 482,460 209,717
Trade accounts receivable, net of allowances 331,677 487,677 271,203 301,511 326,341 434,674 321,996 302,688 334,541 370,361 218,807 215,718 312,913 326,266 135,225 185,596 286,891 334,601 159,679 178,602 278,962 321,784 131,899 143,704 232,594 306,573 108,895
Short-term Activity Ratio
Receivables turnover1 12.42 8.01 13.60 12.03 10.94 7.85 10.12 10.41 8.89 7.74 12.65 11.80 7.54 6.81 15.82 11.49 7.50 6.24 12.82 11.31 7.27 6.10 14.74 13.24
Benchmarks
Receivables Turnover, Competitors2
lululemon athletica inc. 85.85 83.21 79.07 61.02 77.64 86.34 84.75 81.25 77.74 98.38 87.37 70.54 68.09 79.08 79.06 98.94 104.89 129.46 170.15 91.89
Nike Inc. 11.40 10.78 10.84 12.40 11.22 9.03 9.51 10.01 12.23 12.36 10.64 9.98 10.50 10.30 9.79 13.61 9.23 8.51 8.55 9.16

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Receivables turnover = (Net salesQ3 2024 + Net salesQ2 2024 + Net salesQ1 2024 + Net salesQ4 2023) ÷ Trade accounts receivable, net of allowances
= (1,560,307 + 1,091,907 + 675,791 + 791,571) ÷ 331,677 = 12.42

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. Deckers Outdoor Corp. receivables turnover ratio deteriorated from Q1 2024 to Q2 2024 but then improved from Q2 2024 to Q3 2024 not reaching Q1 2024 level.

Payables Turnover

Deckers Outdoor Corp., payables turnover calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data (US$ in thousands)
Cost of sales 643,738 508,888 329,367 395,403 633,111 453,693 319,709 377,268 566,531 354,814 244,175 262,538 463,862 304,548 140,603 181,912 431,103 269,181 146,820 190,825 403,707 250,026 135,629 208,255 387,007 257,343 119,092
Trade accounts payable 507,161 476,868 523,014 265,605 487,354 482,928 604,104 327,487 482,059 497,125 393,635 231,632 303,013 312,932 253,557 147,892 244,767 313,387 300,103 124,974 228,434 277,577 262,508 93,939 199,320 244,846 229,519
Short-term Activity Ratio
Payables turnover1 3.70 3.91 3.46 6.78 3.66 3.56 2.68 4.71 2.96 2.67 3.24 5.06 3.60 3.38 4.03 6.96 4.24 3.22 3.30 7.84 4.37 3.53 3.76 10.34
Benchmarks
Payables Turnover, Competitors2
lululemon athletica inc. 12.78 12.79 12.96 20.95 10.86 11.81 9.30 9.14 10.89 11.50 10.90 11.25 11.24 14.08 21.70 21.95 14.35 14.46 17.31 15.41
Nike Inc. 12.28 10.66 10.62 10.11 10.63 9.68 7.64 7.51 9.09 8.95 11.84 8.67 9.68 10.14 10.70 9.41 10.24 8.52 8.06 8.29

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Payables turnover = (Cost of salesQ3 2024 + Cost of salesQ2 2024 + Cost of salesQ1 2024 + Cost of salesQ4 2023) ÷ Trade accounts payable
= (643,738 + 508,888 + 329,367 + 395,403) ÷ 507,161 = 3.70

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Deckers Outdoor Corp. payables turnover ratio increased from Q1 2024 to Q2 2024 but then slightly decreased from Q2 2024 to Q3 2024.

Working Capital Turnover

Deckers Outdoor Corp., working capital turnover calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data (US$ in thousands)
Current assets 2,648,854 2,179,881 2,175,159 1,910,253 2,243,749 1,913,285 1,949,728 1,752,128 1,994,607 1,843,550 1,726,198 1,650,799 1,857,439 1,499,736 1,289,810 1,194,111 1,339,850 1,135,031 1,188,493 1,095,405 1,206,640 1,078,465 1,039,960 910,690 1,184,899 1,152,911 903,380
Less: Current liabilities 927,442 759,390 735,804 497,380 815,306 728,624 799,758 541,684 727,930 682,963 600,533 468,368 571,850 503,842 394,998 300,946 463,158 465,847 441,745 250,524 394,387 448,217 354,591 189,166 364,809 474,047 285,875
Working capital 1,721,412 1,420,491 1,439,355 1,412,873 1,428,443 1,184,661 1,149,970 1,210,444 1,266,677 1,160,587 1,125,665 1,182,431 1,285,589 995,894 894,812 893,165 876,692 669,184 746,748 844,881 812,253 630,248 685,369 721,524 820,090 678,864 617,505
 
Net sales 1,560,307 1,091,907 675,791 791,571 1,345,640 875,614 614,461 736,007 1,187,752 721,902 504,678 561,188 1,077,759 623,525 283,169 374,910 938,735 542,205 276,839 394,130 873,800 501,913 250,594 400,684 810,478 482,460 209,717
Short-term Activity Ratio
Working capital turnover1 2.39 2.75 2.56 2.57 2.50 2.88 2.83 2.60 2.35 2.47 2.46 2.15 1.84 2.23 2.39 2.39 2.45 3.12 2.74 2.39 2.50 3.12 2.84 2.64
Benchmarks
Working Capital Turnover, Competitors2
lululemon athletica inc. 4.79 4.56 4.73 4.86 5.69 5.98 6.06 5.17 4.91 4.27 3.86 3.55 4.68 5.33 3.62 3.35 4.28 4.59 5.12 3.54
Nike Inc. 3.28 3.30 3.26 3.21 3.07 2.85 2.63 2.67 2.58 2.53 2.55 2.68 2.44 2.60 2.80 3.05 5.53 5.03 4.88 4.52

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Working capital turnover = (Net salesQ3 2024 + Net salesQ2 2024 + Net salesQ1 2024 + Net salesQ4 2023) ÷ Working capital
= (1,560,307 + 1,091,907 + 675,791 + 791,571) ÷ 1,721,412 = 2.39

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Working capital turnover An activity ratio calculated as revenue divided by working capital. Deckers Outdoor Corp. working capital turnover ratio improved from Q1 2024 to Q2 2024 but then deteriorated significantly from Q2 2024 to Q3 2024.

Average Inventory Processing Period

Deckers Outdoor Corp., average inventory processing period calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data
Inventory turnover 3.48 2.57 2.45 3.38 2.47 1.86 1.93 3.04 2.59 2.08 2.79 4.21 3.57 2.19 2.35 3.30 2.84 1.81 2.09 3.52 2.92 1.90 2.27 3.24
Short-term Activity Ratio (no. days)
Average inventory processing period1 105 142 149 108 148 197 189 120 141 175 131 87 102 167 155 111 129 202 174 104 125 192 161 113
Benchmarks (no. days)
Average Inventory Processing Period, Competitors2
lululemon athletica inc. 154 159 155 146 195 174 162 133 139 123 125 122 156 142 133 108 137 113 106 100
Nike Inc. 98 101 109 107 114 125 137 122 112 95 97 102 112 102 115 127 93 101 97 95

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Average inventory processing period = 365 ÷ Inventory turnover
= 365 ÷ 3.48 = 105

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average inventory processing period An activity ratio equal to the number of days in the period divided by inventory turnover over the period. Deckers Outdoor Corp. number of days of inventory outstanding improved from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Average Receivable Collection Period

Deckers Outdoor Corp., average receivable collection period calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data
Receivables turnover 12.42 8.01 13.60 12.03 10.94 7.85 10.12 10.41 8.89 7.74 12.65 11.80 7.54 6.81 15.82 11.49 7.50 6.24 12.82 11.31 7.27 6.10 14.74 13.24
Short-term Activity Ratio (no. days)
Average receivable collection period1 29 46 27 30 33 46 36 35 41 47 29 31 48 54 23 32 49 59 28 32 50 60 25 28
Benchmarks (no. days)
Average Receivable Collection Period, Competitors2
lululemon athletica inc. 4 4 5 6 5 4 4 4 5 4 4 5 5 5 5 4 3 3 2 4
Nike Inc. 32 34 34 29 33 40 38 36 30 30 34 37 35 35 37 27 40 43 43 40

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 12.42 = 29

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover. Deckers Outdoor Corp. number of days of receivables outstanding deteriorated from Q1 2024 to Q2 2024 but then improved from Q2 2024 to Q3 2024 not reaching Q1 2024 level.

Operating Cycle

Deckers Outdoor Corp., operating cycle calculation (quarterly data)

No. days

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data
Average inventory processing period 105 142 149 108 148 197 189 120 141 175 131 87 102 167 155 111 129 202 174 104 125 192 161 113
Average receivable collection period 29 46 27 30 33 46 36 35 41 47 29 31 48 54 23 32 49 59 28 32 50 60 25 28
Short-term Activity Ratio
Operating cycle1 134 188 176 138 181 243 225 155 182 222 160 118 150 221 178 143 178 261 202 136 175 252 186 141
Benchmarks
Operating Cycle, Competitors2
lululemon athletica inc. 158 163 160 152 200 178 166 137 144 127 129 127 161 147 138 112 140 116 108 104
Nike Inc. 130 135 143 136 147 165 175 158 142 125 131 139 147 137 152 154 133 144 140 135

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Operating cycle = Average inventory processing period + Average receivable collection period
= 105 + 29 = 134

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Operating cycle Equal to average inventory processing period plus average receivables collection period. Deckers Outdoor Corp. operating cycle deteriorated from Q1 2024 to Q2 2024 but then improved from Q2 2024 to Q3 2024 exceeding Q1 2024 level.

Average Payables Payment Period

Deckers Outdoor Corp., average payables payment period calculation (quarterly data)

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data
Payables turnover 3.70 3.91 3.46 6.78 3.66 3.56 2.68 4.71 2.96 2.67 3.24 5.06 3.60 3.38 4.03 6.96 4.24 3.22 3.30 7.84 4.37 3.53 3.76 10.34
Short-term Activity Ratio (no. days)
Average payables payment period1 99 93 105 54 100 103 136 77 123 137 113 72 101 108 90 52 86 113 110 47 84 103 97 35
Benchmarks (no. days)
Average Payables Payment Period, Competitors2
lululemon athletica inc. 29 29 28 17 34 31 39 40 34 32 33 32 32 26 17 17 25 25 21 24
Nike Inc. 30 34 34 36 34 38 48 49 40 41 31 42 38 36 34 39 36 43 45 44

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 3.70 = 99

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period.

Cash Conversion Cycle

Deckers Outdoor Corp., cash conversion cycle calculation (quarterly data)

No. days

Microsoft Excel
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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017
Selected Financial Data
Average inventory processing period 105 142 149 108 148 197 189 120 141 175 131 87 102 167 155 111 129 202 174 104 125 192 161 113
Average receivable collection period 29 46 27 30 33 46 36 35 41 47 29 31 48 54 23 32 49 59 28 32 50 60 25 28
Average payables payment period 99 93 105 54 100 103 136 77 123 137 113 72 101 108 90 52 86 113 110 47 84 103 97 35
Short-term Activity Ratio
Cash conversion cycle1 35 95 71 84 81 140 89 78 59 85 47 46 49 113 88 91 92 148 92 89 91 149 89 106
Benchmarks
Cash Conversion Cycle, Competitors2
lululemon athletica inc. 129 134 132 135 166 147 127 97 110 95 96 95 129 121 121 95 115 91 87 80
Nike Inc. 100 101 109 100 113 127 127 109 102 84 100 97 109 101 118 115 97 101 95 91

Based on: 10-Q (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-K (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-K (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-K (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-K (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-K (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-K (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30).

1 Q3 2024 Calculation
Cash conversion cycle = Average inventory processing period + Average receivable collection period – Average payables payment period
= 105 + 2999 = 35

2 Click competitor name to see calculations.

Short-term activity ratio Description The company
Cash conversion cycle A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. Deckers Outdoor Corp. cash conversion cycle deteriorated from Q1 2024 to Q2 2024 but then improved from Q2 2024 to Q3 2024 exceeding Q1 2024 level.