General Mills Inc (GIS)

Days of Inventory on Hand (DOH) reflects the number of days a company holds inventory before it is sold. Looking at the data provided for General Mills Inc, the DOH for May 31, 2022, stood at 54.13 days. This indicates that, on average, it took around 54 days for General Mills to sell its inventory during that period.

The following year, on May 28, 2023, specific data for DOH is not available, denoted by "— days." This lack of information may suggest a data reporting issue or a strategic change in how General Mills discloses this metric.

Moving forward to May 31, 2023, the DOH increased to 58.51 days. This uptick suggests that General Mills may be holding onto its inventory for a longer period before selling it, which could tie up company resources and potentially impact cash flow.

There is again a missing data point for May 26, 2024, noted as "— days," indicating a lack of specific information for that period. Finally, on May 31, 2024, the DOH decreased slightly to 53.60 days. This reduction may imply that General Mills improved its inventory management efficiency, possibly by streamlining production processes or increasing inventory turnover.

In summary, the fluctuation in General Mills' Days of Inventory on Hand over the years may reflect changes in the company's inventory management practices, production efficiency, or market demand. Further analysis and comparison with industry benchmarks could provide deeper insights into General Mills' inventory management performance and operational effectiveness.

Peer comparison

May 31, 2024