ADEIA CORP (ADEA)

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
Inventory turnover		—	—	—	—	—	—	—	—	—	117.16	87.90	95.61	123.83	54.73	56.42	62.97
DOH	days	—	—	—	—	—	—	—	—	—	3.12	4.15	3.82	2.95	6.67	6.47	5.80

December 31, 2024 calculation

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

The days of inventory on hand (DOH) ratio for ADEIA CORP provides insight into how efficiently the company manages its inventory levels. A lower DOH indicates that the company is selling its inventory quickly, which is generally considered positive as it implies lower holding costs and less risk of obsolescence.

From the provided data, we can observe the trend in ADEIA CORP's DOH over different quarters. The DOH fluctuated throughout the reported periods, ranging from a low of 2.95 days on December 31, 2021, to a high of 6.67 days on September 30, 2021. The decreasing trend in the DOH from 6.47 days on June 30, 2021, to 3.12 days on September 30, 2022, indicates that the company has been able to turn its inventory faster, which could suggest effective inventory management practices.

However, it is worth noting that the data provided indicates "— days" for the latter periods starting from December 31, 2022, which could imply missing or incomplete data for those periods. Without complete data for these periods, it is challenging to assess the current state of ADEIA CORP's inventory management efficiency accurately.

In conclusion, based on the available data, ADEIA CORP has shown fluctuations in its days of inventory on hand over the reported periods, with a general decreasing trend in the ratio. Further analysis with complete data for all quarters would be necessary to provide a more comprehensive evaluation of the company's inventory management performance.