Applied Materials Inc (AMAT)

Days of inventory on hand (DOH)

		Oct 27, 2024	Jul 28, 2024	Apr 28, 2024	Jan 28, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Oct 25, 2020	Jul 26, 2020	Apr 26, 2020	Jan 26, 2020
Inventory turnover		3.01	2.90	2.81	2.83	2.80	2.77	2.72	2.62	2.61	2.71	2.91	3.12	3.06	3.05	2.82	2.65	2.53	2.30	2.32	2.43
DOH	days	121.39	125.90	129.85	128.86	130.32	131.75	134.43	139.45	139.95	134.78	125.54	116.88	119.11	119.70	129.31	137.71	144.02	159.00	157.42	150.19

October 27, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.01
= 121.39

The days of inventory on hand (DOH) for Applied Materials Inc have shown some fluctuations over the past few quarters. From Oct 27, 2024, to Jul 28, 2024, the DOH decreased from 121.39 days to 125.90 days, indicating that the company held inventory for a slightly longer period in the latter quarter.

Looking back further, there was a general increasing trend in DOH from Oct 31, 2021 (119.70 days) to Oct 25, 2020 (159.00 days), with a peak at 159.00 days. This suggested that the company was holding inventory for a longer time during this period.

However, there was a significant decrease in DOH from Apr 26, 2020 (157.42 days) to Jan 26, 2020 (150.19 days), which could signify more efficient inventory management during that period.

Overall, the DOH for Applied Materials Inc has varied over the quarters, indicating fluctuations in inventory management practices. It is essential for the company to closely monitor and optimize its inventory levels to ensure efficient operations and minimize carrying costs.