Alpha and Omega Semiconductor Ltd (AOSL)

Days of inventory on hand (DOH)

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Inventory turnover		2.48	2.68	3.22	2.93	2.67
DOH	days	147.21	136.00	113.33	124.50	136.58

June 30, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.48
= 147.21

The days of inventory on hand (DOH) for Alpha and Omega Semiconductor Ltd have exhibited fluctuations over the past five years. In particular:

- In June 2024, the DOH stood at 147.21 days, indicating that the company held its inventory for approximately 147 days before it was sold. This represents an increase compared to the previous year.

- In June 2023, the DOH was 136.00 days, higher than the DOH in June 2022, indicating that the company took longer to convert its inventory into sales.

- June 2022 saw a DOH of 113.33 days, which was lower compared to the DOH in June 2023, suggesting improved inventory turnover efficiency.

- In June 2021, the DOH was 124.50 days, slightly lower than the DOH in June 2022, indicating some improvement in inventory management.

- June 2020 recorded a DOH of 136.58 days, showing a decrease compared to June 2021. However, the DOH remained relatively high, indicating potential inefficiencies in inventory management.

Overall, the trend in DOH for Alpha and Omega Semiconductor Ltd shows some volatility, with fluctuations from year to year. A lower DOH signifies better efficiency in managing inventory, while a higher DOH may indicate excess inventory levels or slower turnover, which could tie up capital and affect liquidity.