Take-Two Interactive Software Inc (TTWO)

Days of inventory on hand (DOH)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Inventory turnover		—	18.42	8.02	8.48	5.24	10.05	3.19	3.46	198.76	139.44	148.49	178.32	134.32	92.39	94.24	133.19	122.47	90.02	67.82	99.24
DOH	days	—	19.81	45.50	43.03	69.64	36.30	114.53	105.52	1.84	2.62	2.46	2.05	2.72	3.95	3.87	2.74	2.98	4.05	5.38	3.68

March 31, 2024 calculation

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

The days of inventory on hand (DOH) for Take-Two Interactive Software Inc have shown some fluctuations over the periods as indicated in the data provided.

The DOH measures how many days a company takes to sell its average inventory. A lower DOH implies that a company is selling its inventory more quickly, which could indicate efficient inventory management. Conversely, a higher DOH may suggest excess inventory levels or difficulties in selling products.

From the data, we observe that there have been instances of both high and low DOH figures for Take-Two Interactive Software Inc. Notably, the DOH was relatively stable at around 2-4 days from December 2020 to September 2022. However, there are some outliers, such as unusually high DOH figures of 105.52 days and 114.53 days in June and September 2022 respectively, which may indicate potential issues with inventory management during those periods.

Overall, while the company has experienced fluctuations in its DOH over the various periods, it is essential for Take-Two Interactive Software Inc to strive for consistency in managing its inventory levels effectively to optimize operations and avoid potential inefficiencies.