Grocery Outlet Holding Corp (GO)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 7.74 | 7.79 | 7.44 | 7.73 | 8.82 | |
| DOH | days | 47.18 | 46.83 | 49.09 | 47.19 | 41.40 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.74
= 47.18
The days of inventory on hand (DOH) for Grocery Outlet Holding Corp has shown some fluctuation over the period from December 31, 2020, to December 31, 2024.
Starting at 41.40 days on December 31, 2020, the DOH increased to 47.19 days by December 31, 2021, indicating that the company held inventory for a longer period.
Subsequently, the DOH continued to rise to 49.09 days by December 31, 2022, suggesting that the company may have been managing its inventory less efficiently during that period.
However, there was a slight decrease in DOH to 46.83 days by December 31, 2023, followed by a marginal increase to 47.18 days by December 31, 2024. Overall, the trend shows some variability in inventory management efficiency over the years, which could impact working capital and operational performance.
Peer comparison
Dec 31, 2024