Advanced Micro Devices Inc (AMD)

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		3.18	3.32	3.61	3.98	4.36	4.24	4.01	4.31	4.55	4.48	5.26	5.01	5.20	4.91	4.86	4.55	4.58	4.41	3.82	4.60
DOH	days	114.65	109.98	101.19	91.59	83.66	86.14	91.02	84.60	80.20	81.51	69.42	72.92	70.19	74.35	75.10	80.27	79.65	82.82	95.52	79.32

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.18
= 114.65

The days of inventory on hand (DOH) for Advanced Micro Devices Inc have shown fluctuations over the period from March 31, 2020, to December 31, 2024. The DOH started around 79.32 days in March 2020, increased to 95.52 days by June 2020, and then gradually decreased to 70.19 days by December 2021.

From March 2022 to June 2024, there were ups and downs in the DOH, with periods of both increase and decrease. Notably, the DOH spiked to 114.65 days by December 31, 2024, signifying a significant amount of inventory held by the company relative to its sales levels.

Overall, it is essential for Advanced Micro Devices Inc to carefully manage its inventory levels to ensure efficient utilization of resources and avoid excessive carrying costs associated with high DOH figures. A high DOH could indicate potential issues like overstocking, slow-moving inventory, or decreased demand, which may impact the company's profitability and liquidity. Monitoring and optimizing the DOH can help the company enhance its operational efficiency and maintain a healthy balance between inventory levels and sales activities.