GameStop Corp (GME)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 5.64 | 6.29 | 6.38 | 6.67 | 6.67 | |
| DOH | days | 64.70 | 58.03 | 57.23 | 54.72 | 54.72 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.64
= 64.70
Based on the data provided, GameStop Corp had a relatively stable Days of Inventory on Hand (DOH) over the past few years. The DOH remained around 54 to 58 days in the years 2023 and 2024. However, there was a notable increase in DOH to 64.70 days as of January 31, 2025, indicating that GameStop may be holding more inventory relative to its sales volume compared to the previous periods. This increase could potentially be a signal of slower inventory turnover or excess inventory levels that may require attention to optimize working capital management and maintain profitability.