General Mills Inc (GIS)
Days of inventory on hand (DOH)
May 31, 2025 | Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | 7.43 | 7.01 | 6.42 | 6.37 | 7.24 | 7.42 | 8.34 | 8.20 | 6.82 | 6.79 | 6.19 | 6.34 | 6.70 | 6.80 | 7.57 | 7.47 | 7.18 | 6.99 | 6.54 | 6.47 | |
DOH | days | 49.13 | 52.08 | 56.82 | 57.26 | 50.44 | 49.20 | 43.77 | 44.53 | 53.52 | 53.78 | 58.95 | 57.59 | 54.46 | 53.67 | 48.24 | 48.83 | 50.85 | 52.20 | 55.85 | 56.41 |
May 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.43
= 49.13
The analysis of General Mills Inc.’s days of inventory on hand (DOH) reveals fluctuations over the observed period, indicating variability in inventory management and operational efficiency.
During the fiscal year ending in August 2022, the DOH declined from approximately 56.41 days in late August to around 50.85 days by the end of November 2022, reflecting improved inventory turnover in that quarter. This downward trend suggests that the company was able to reduce its inventory levels, potentially due to better forecasting, increased sales, or more efficient supply chain practices.
In early 2023, DOH stabilized at around 48.24 to 48.83 days through February, continuing the trend of relatively efficient inventory management. However, through the third quarter of 2023, the DOH increased again, reaching approximately 57.59 days in late August, indicating a potential buildup of inventory or slower move-through of stock.
By the end of November 2023, the DOH decreased again to about 53.78 days, which persisted into late 2024, with values generally fluctuating within a range of approximately 43.77 to 57.26 days. Notably, the lowest reported DOH occurred on February 29, 2024, at 43.77 days, suggesting an improvement in inventory turnover during that period.
In the most recent data for May and August 2024 and into early 2025, the DOH trend shows a modest increase, settling in the 49.13 to 50.44 days range. The latest figures for February and May 2025 indicate a DOH around 52.08 to 49.13 days.
Overall, the data indicates cyclical fluctuations in inventory levels, with periods of both accumulation and efficiency. The variation underscores the importance of ongoing inventory management strategies to optimize stock levels and align inventories with sales cycles, market demand, and supply chain dynamics.
Peer comparison
May 31, 2025
See also:
General Mills Inc Average Inventory Processing Period (Quarterly Data)