GameStop Corp (GME)
Days of inventory on hand (DOH)
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 6.29 | 4.24 | 6.54 | 5.83 | 6.67 | 4.16 | 6.52 | 5.23 | 5.10 | 3.91 | 7.06 | 7.07 | 6.36 | 4.36 | 8.48 | 6.44 | 5.30 | 4.10 | 5.96 | 5.05 | |
| DOH | days | 58.03 | 86.08 | 55.78 | 62.65 | 54.72 | 87.78 | 56.02 | 69.83 | 71.62 | 93.35 | 51.69 | 51.60 | 57.41 | 83.72 | 43.06 | 56.63 | 68.85 | 89.04 | 61.25 | 72.33 |
February 3, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.29
= 58.03
The Days of Inventory on Hand (DOH) ratio for GameStop Corp has exhibited fluctuations over the past few years. The DOH has ranged from a low of 43.06 days to a high of 93.35 days during the period analyzed. The average DOH over this period is approximately 66.23 days, indicating that GameStop holds inventory for an average of about 66 days before selling it.
A lower DOH suggests that GameStop is efficiently managing its inventory and turning it over quickly to generate sales, while a higher DOH may indicate potential issues such as overstocking or slow-moving inventory.
The analysis reveals that GameStop has experienced periods of both efficient and inefficient inventory management. Further investigation into the factors contributing to these fluctuations, such as changes in demand, inventory management practices, or supply chain disruptions, could provide additional insights into the company's operations and overall financial health.
See also:
GameStop Corp Average Inventory Processing Period (Quarterly Data)