Maplebear Inc. (CART)

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	Sep 30, 2019
Inventory turnover		—	—	—	—	—	10.12	9.85	—	9.65	—	—	—	—	—	—	—	—
DOH	days	—	—	—	—	—	36.07	37.04	—	37.81	—	—	—	—	—	—	—	—

December 31, 2024 calculation

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

The days of inventory on hand (DOH) for Maplebear Inc. has shown varying trends over the periods provided in the data. As of December 31, 2022, the company had 37.81 days of inventory on hand, indicating that, on average, it took approximately 37.81 days for the company to sell its inventory.

Subsequently, by June 30, 2023, the DOH decreased to 37.04 days, showing a slight improvement in inventory management efficiency. This reduction suggests that Maplebear Inc. was able to sell its inventory at a slightly faster pace compared to the previous period.

Continuing this trend, the DOH further decreased to 36.07 days by September 30, 2023, reflecting an ongoing improvement in inventory turnover. This reduction indicates that the company was handling its inventory more efficiently, potentially leading to lower holding costs and better cash flow management.

However, for the periods beyond September 30, 2023, the data provided does not include specific DOH values, limiting the ability to evaluate the company's inventory performance in more recent periods. It would be beneficial to have additional data points to assess the consistency of Maplebear Inc.'s inventory management over time.

Overall, based on the available data, it appears that Maplebear Inc. made progress in optimizing its inventory turnover during the observed timeframe, but a more comprehensive analysis would require additional information to provide a more detailed assessment of the company's inventory management effectiveness.