General Mills Inc (GIS)
Days of inventory on hand (DOH)
| May 26, 2024 | May 28, 2023 | May 29, 2022 | May 30, 2021 | May 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | -2.58 | -2.11 | -2.29 | -2.34 | -2.86 | |
| DOH | days | — | — | — | — | — |
May 26, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ -2.58
= —
The days of inventory on hand (DOH) for General Mills Inc over the past five years is not available in the provided table. Without this specific data, it is challenging to assess the efficiency of General Mills' inventory management in terms of how many days it takes for the company to sell its inventory. A low DOH ratio typically indicates efficient inventory management, while a high DOH ratio may suggest slow-moving inventory or potential excess inventory levels. Further information would be needed to conduct a more in-depth analysis and determine any trends or changes in General Mills' inventory management efficiency over time.
Peer comparison
May 26, 2024