Grand Canyon Education Inc (LOPE)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | |
| DOH | days | — | — | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Unfortunately, the provided data for Grand Canyon Education Inc does not include specific figures for the days of inventory on hand (DOH) for the years 2020, 2021, 2022, 2023, and 2024. Without this information, it is challenging to analyze the efficiency of the company's inventory management over this period. Detailed DOH calculations based on inventory turnover and average inventory would be needed to evaluate how quickly the company is selling its inventory and the potential impact on working capital.
It would be beneficial to obtain the actual inventory figures for each year to calculate the DOH accurately. A declining trend in DOH typically suggests that the company is efficiently managing its inventory, minimizing carrying costs, and potentially improving cash flow. Conversely, an increasing trend could indicate inefficiencies in inventory turnover and potentially excess or obsolete inventory levels, which may require further investigation.
Without the specific DOH data, a comprehensive analysis of Grand Canyon Education Inc's inventory management effectiveness and its impact on financial performance cannot be provided at this time.
Peer comparison
Dec 31, 2024