Amkor Technology Inc (AMKR)

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		17.32	15.66	14.30	16.45	14.14	11.84	10.82	10.14	9.15	8.30	8.24	9.92	10.13	10.41	11.76	13.81	13.96	13.38	12.39	15.08
DOH	days	21.08	23.30	25.52	22.19	25.81	30.83	33.74	35.98	39.88	44.00	44.32	36.79	36.03	35.05	31.04	26.43	26.15	27.27	29.47	24.20

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 17.32
= 21.08

Amkor Technology Inc's Days of Inventory on Hand (DOH) has experienced fluctuations over the years according to the provided data. The DOH ratio measures how many days, on average, a company holds its inventory before selling it.

From March 31, 2020, to December 31, 2020, the DOH remained relatively stable between 24 to 26 days. However, from June 30, 2021, to December 31, 2022, there was a significant increase in DOH, reaching a peak of 44.32 days by June 30, 2022. This suggests that Amkor's inventory turnover slowed down during this period.

Subsequently, there was a slight decrease in the DOH by March 31, 2023, indicating some improvement in inventory management. The trend continued with further reductions in DOH by each subsequent quarter until December 31, 2024, where the DOH declined to 21.08 days.

Overall, the downward trend in DOH from 2022 to 2024 implies that Amkor may have implemented more efficient inventory management strategies, leading to a quicker turnover of inventory. This could potentially result in cost savings and improved liquidity for the company.