Amphastar P (AMPH)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		2.33	2.77	2.41	2.56	2.13
DOH	days	156.70	131.72	151.16	142.31	171.15

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.33
= 156.70

The days of inventory on hand (DOH) for Amphastar P have shown variability over the years based on the provided data.

- As of December 31, 2020, the company had 171.15 days of inventory on hand, indicating that it was holding inventory for an extended period.
- By December 31, 2021, the DOH decreased to 142.31 days, suggesting a more efficient management of inventory compared to the previous year.
- However, by December 31, 2022, the DOH slightly increased to 151.16 days, indicating a potential buildup of inventory or slower inventory turnover.
- The trend reversed by December 31, 2023, with the DOH decreasing significantly to 131.72 days, which could signal improved inventory management practices.
- Finally, by December 31, 2024, the DOH increased to 156.70 days, potentially indicating a slower rate of inventory turnover compared to the previous year.

Overall, the company's management of inventory has shown fluctuations over the years, reflecting potential changes in production levels, sales patterns, or supply chain dynamics. It would be important for stakeholders to monitor these fluctuations and understand the underlying reasons behind the changes in the days of inventory on hand for Amphastar P.