Amkor Technology Inc (AMKR)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 17.32 | 14.14 | 9.15 | 10.13 | 13.96 | |
| DOH | days | 21.08 | 25.81 | 39.88 | 36.03 | 26.15 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 17.32
= 21.08
The days of inventory on hand (DOH) for Amkor Technology Inc has shown fluctuations over the years. In December 2020, the DOH was at 26.15 days, indicating that the company held inventory for approximately 26 days on average.
By December 2021, the DOH increased to 36.03 days, suggesting a longer period of time for the company to sell its inventory. This could potentially indicate overstocking or slower inventory turnover.
In December 2022, the DOH further increased to 39.88 days, which may raise concerns about the company's inventory management efficiency and liquidity.
The trend reversed in December 2023 as the DOH decreased to 25.81 days, showing an improvement in inventory management practices.
By December 2024, the DOH decreased even more to 21.08 days, which could signify a more efficient inventory turnover rate and potentially better working capital management for Amkor Technology Inc.
Peer comparison
Dec 31, 2024