GameStop Corp (GME)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 5.64 | 3.81 | 7.03 | 6.19 | 6.86 | 6.05 | 3.24 | 3.39 | 5.34 | 6.62 | 7.05 | 6.98 | 7.68 | 6.40 | 3.09 | 3.25 | 6.35 | 7.74 | 6.33 | 6.24 | |
| DOH | days | 64.70 | 95.76 | 51.94 | 58.97 | 53.17 | 60.35 | 112.66 | 107.67 | 68.34 | 55.10 | 51.79 | 52.33 | 47.54 | 57.04 | 118.07 | 112.14 | 57.51 | 47.18 | 57.65 | 58.52 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.64
= 64.70
The days of inventory on hand (DOH) for GameStop Corp have shown fluctuations over the past few years, with an average range of approximately 50 to 110 days. The company experienced a significant increase in DOH from October 2022 to January 2023, reaching over 100 days, which may indicate slower inventory turnover or issues with managing inventory levels efficiently during that period.
Subsequently, GameStop Corp managed to reduce its DOH to around 50-60 days between January 2023 and July 2024, suggesting improved inventory management practices. However, there was a slight increase in DOH in October 2024, indicating a potential need for the company to monitor its inventory levels closely to avoid excess inventory or potential obsolescence.
Overall, while GameStop Corp has made some progress in optimizing its inventory levels, it should continue to focus on maintaining an appropriate balance between inventory turnover and stock availability to improve operational efficiency and profitability.
See also:
GameStop Corp Average Inventory Processing Period (Quarterly Data)