Grand Canyon Education Inc (LOPE)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | 651.45 | |
| DOH | days | — | — | — | — | 0.56 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
To analyze Grand Canyon Education Inc's days of inventory on hand (DOH), we would need specific values for each year to calculate this ratio. Without the actual numerical data for the DOH for the years provided, it is not possible to calculate or analyze this ratio accurately. It appears that the data table is missing these crucial values.
Days of inventory on hand (DOH) measures how many days, on average, a company holds its inventory before selling it. A lower DOH value indicates that the company is efficiently managing its inventory, while a higher DOH value may suggest slow-moving inventory or inefficiencies in inventory management.
In order to conduct a comprehensive analysis and provide insights into Grand Canyon Education Inc's inventory management efficiency, specific numerical data points for each year are required to calculate the DOH ratio over time and assess any trends or anomalies that may be present.
Peer comparison
Dec 31, 2023