General Mills Inc (GIS)

Days of inventory on hand (DOH)

		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	May 31, 2022
Inventory turnover		7.01	6.42	6.39	7.25	7.43	8.35	8.20	6.82	6.79	6.19	6.34	6.70	6.80	7.57	7.47	7.18	7.05	6.59	6.53	7.21
DOH	days	52.08	56.82	57.15	50.35	49.11	43.70	44.53	53.52	53.78	58.95	57.59	54.46	53.67	48.24	48.83	50.85	51.80	55.38	55.93	50.63

February 28, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.01
= 52.08

General Mills Inc's Days of Inventory on Hand (DOH) has shown some fluctuations over the given time period. The average DOH over this period is approximately 52 days.

The trend in the DOH appears to be fluctuating within a range, with a slight increase in DOH from August 2023 to November 2023. However, there is a notable decrease in DOH from November 2023 to February 2024, which indicates efficient inventory management during that period.

In general, a lower DOH value indicates that General Mills Inc is efficiently managing its inventory levels and turning over its inventory more quickly. Conversely, a higher DOH value may indicate slower inventory turnover or overstocking.

It is important to monitor DOH regularly to ensure optimal inventory management and efficiency in operations. Any significant deviations in DOH should be carefully analyzed to identify the underlying reasons and take appropriate actions to maintain optimal inventory levels.