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.