Godaddy Inc (GDDY)

Days of inventory on hand (DOH)

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
Inventory turnover — 5.71 5.83 5.65 5.60 6.14 6.05 6.01 5.57 5.45 5.28 5.38 5.42 5.40 5.02 5.08 4.46 3.85 3.23 2.53
DOH days — 63.88 62.58 64.62 65.21 59.41 60.35 60.77 65.56 66.98 69.19 67.84 67.37 67.61 72.72 71.88 81.86 94.84 113.16 144.46

December 31, 2023 calculation

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

Given that the table provided does not contain specific data on Godaddy Inc's days of inventory on hand (DOH) for each quarter, it is not possible to conduct a detailed analysis of this ratio. However, it is essential to note that the days of inventory on hand (DOH) ratio measures the average number of days a company holds inventory before selling it. A lower DOH indicates that inventory is being sold quickly, while a higher DOH may suggest slow-moving inventory or potential inefficiencies in inventory management.

To evaluate Godaddy Inc's DOH effectively, it would be necessary to have the corresponding inventory levels for each quarter to calculate the ratio. Monitoring changes in the DOH over time can provide insights into the company's inventory management efficiency, sales trends, and potential risks related to excess inventory or shortages. It is recommended to gather the relevant data for a more comprehensive analysis of this important liquidity metric.