Abbott Laboratories (ABT)

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		3.01	2.74	2.73	2.71	2.80	2.71	2.62	2.99	3.10	3.37	3.24	3.36	3.59	3.47	3.27	2.99	2.99	2.71	2.56	2.92
DOH	days	121.35	133.19	133.87	134.76	130.44	134.88	139.18	122.00	117.71	108.36	112.68	108.62	101.54	105.14	111.49	121.95	121.93	134.86	142.38	124.87

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.01
= 121.35

The days of inventory on hand (DOH) for Abbott Laboratories have exhibited fluctuations over the past few years based on the provided data. The DOH increased from 124.87 days as of March 31, 2020, to 142.38 days as of June 30, 2020, before decreasing to 121.93 days by December 31, 2020.

Subsequently, the DOH remained relatively stable around the 120-day mark until June 30, 2021, when it decreased to 111.49 days. This downward trend continued, reaching a low of 101.54 days by December 31, 2021.

However, the DOH started to increase again thereafter, reaching 139.18 days as of June 30, 2023, before stabilizing around the 130-day range up to the end of 2024. These fluctuations suggest potential changes in inventory management practices or demand patterns impacting Abbott Laboratories' inventory levels and efficiency in managing inventory turnover. Further analysis of the reasons behind these fluctuations may provide insights into the company's operational effectiveness and financial performance.