ADEIA CORP (ADEA)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		—	—	—	123.84	49.35
DOH	days	—	—	—	2.95	7.40

December 31, 2024 calculation

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

Based on the data provided for ADEIA CORP's days of inventory on hand (DOH) over the years, we observe the following trends:

1. In December 31, 2020, the company had an inventory turnover rate of 7.40 days, indicating that on average, it took approximately 7.40 days to sell its inventory.

2. By December 31, 2021, ADEIA CORP improved its inventory management significantly, reducing the DOH to 2.95 days. This suggests the company became more efficient in managing its inventory levels and selling its products faster.

3. However, the data for December 31, 2022, December 31, 2023, and December 31, 2024 shows "— days", which could indicate potential issues with data reporting or calculation for those years.

4. Overall, the decreasing trend in DOH from 2020 to 2021 is a positive sign of improved inventory management efficiency. However, the lack of data for the subsequent years makes it challenging to assess the company's inventory performance accurately during those periods.

In conclusion, based on the available data, ADEIA CORP made significant improvements in its inventory turnover rate from 2020 to 2021, but further data is needed to assess its performance in subsequent years.