Dollar General Corporation (DG)

Days of inventory on hand (DOH)

		Feb 2, 2024	Feb 3, 2023	Jan 28, 2022	Jan 29, 2021	Jan 31, 2020
Inventory turnover		5.18	5.11	5.52	5.75	5.44
DOH	days	70.42	71.49	66.10	63.43	67.06

February 2, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.18
= 70.42

The days of inventory on hand (DOH) for Dollar General Corporation have shown a slight increase over the past five years.

As of February 2, 2024, Dollar General had 70.42 days of inventory on hand, compared to 71.49 days on February 3, 2023. This indicates that the company was able to manage its inventory slightly more efficiently in the most recent year.

Looking back further, the DOH was 66.10 days on January 28, 2022, 63.43 days on January 29, 2021, and 67.06 days on January 31, 2020. These figures suggest that Dollar General has experienced some fluctuations in managing its inventory levels over this period.

Overall, Dollar General's DOH has ranged from around 63 to 71 days in recent years, indicating varying levels of efficiency in inventory management. Further analysis of the company's operations and industry trends may be necessary to fully understand the factors influencing these fluctuations in inventory turnover.