Gen Digital Inc. (GEN)

Days of inventory on hand (DOH)

		Mar 31, 2025	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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Inventory turnover		—	—	7.03	—	—	5.01	33.05	30.27	19.68	2.53	14.93	7.66	7.29	7.00	6.69	1.59	1.55	1.33	1.39	0.89
DOH	days	—	—	51.91	—	—	72.90	11.05	12.06	18.55	144.32	24.44	47.65	50.10	52.14	54.56	229.81	234.93	273.75	262.10	410.39

March 31, 2025 calculation

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

The days of inventory on hand (DOH) for Gen Digital Inc. have varied significantly over the past few years. Initially, the company had high DOH levels, indicating an inefficiency in managing its inventory. For instance, as of June 30, 2020, the DOH stood at a substantial 410.39 days, suggesting slow inventory turnover.

However, over the subsequent quarters, Gen Digital Inc. managed to improve its inventory management significantly. The DOH steadily decreased, reaching as low as 11.05 days as of September 30, 2023. This reduction in DOH indicates that the company streamlined its inventory processes, leading to quicker inventory turnover and potentially lower storage costs.

In the final reported periods, the DOH figures seem to fluctuate, with some quarters showing no data ("— days"). This could be due to various factors, such as changes in sales volumes, production efficiencies, or inventory control measures.

Overall, based on the trend observed from the data provided, Gen Digital Inc. has made significant improvements in managing its inventory efficiently. The decreasing trend in DOH reflects a more streamlined and effective inventory management strategy, which can lead to cost savings and improved financial performance for the company.