Graham Holdings Co (GHC)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | 11.24 | 10.44 | 11.72 | 14.95 | 15.85 | |
DOH | days | 32.48 | 34.96 | 31.15 | 24.42 | 23.03 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 11.24
= 32.48
The days of inventory on hand (DOH) for Graham Holdings Co has shown an increasing trend over the years, starting at 23.03 days as of December 31, 2020, and reaching 32.48 days by December 31, 2024. This indicates that the company is taking longer to sell its inventory, which could potentially tie up more capital in inventory and may suggest inefficiencies in inventory management or slowing sales. The gradual rise in DOH could be a concern for the company as it may lead to higher holding costs and reduced liquidity. Monitoring this trend closely is crucial to ensure efficient utilization of resources and maintain optimal inventory levels.
Peer comparison
Dec 31, 2024