Maplebear Inc. (CART)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		—	—	9.60	608.00	—
DOH	days	—	—	38.02	0.60	—

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The days of inventory on hand (DOH) for Maplebear Inc. have fluctuated over the years based on the provided data. As of December 31, 2020, the company did not report a specific value for DOH. However, by December 31, 2021, Maplebear Inc. managed to reduce its DOH to an impressively low level of 0.60 days, indicating efficient inventory management.

However, there was a significant increase in DOH by December 31, 2022, soaring to 38.02 days. This sharp rise suggests that the company may have faced challenges in managing its inventory efficiently during that period, possibly leading to higher carrying costs and potential stock obsolescence.

Unfortunately, data for December 31, 2023, and December 31, 2024, are not available, so it is unclear whether Maplebear Inc. was able to address the high DOH observed in 2022 or if the trend continued in the subsequent years.

Overall, based on the available information, Maplebear Inc. should focus on maintaining a balance between inventory levels and sales demand to optimize its working capital and operational efficiency.