Grand Canyon Education Inc (LOPE)

Days of inventory on hand (DOH)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Inventory turnover
DOH days

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

Based on the provided data, Grand Canyon Education Inc's days of inventory on hand (DOH) figures are not available for the periods from March 31, 2020, to December 31, 2024. Without specific DOH values, it is challenging to assess the efficiency of the company's inventory management in terms of how quickly inventory is sold or used in operations.

DOH is a financial ratio that indicates how many days, on average, a company holds its inventory before selling it. A low DOH suggests effective inventory management, as it indicates that inventory is moving quickly, which can free up cash flow. Conversely, a high DOH may signal potential issues such as overstocking or slow inventory turnover, which can tie up resources and lead to higher holding costs.

Without the DOH values for Grand Canyon Education Inc, it is difficult to evaluate the company's inventory turnover efficiency and how effectively it is managing its inventory levels. Detailed DOH figures would enable a more in-depth analysis of the company's inventory management practices and provide insights into its operational efficiency and financial performance.