Alpha and Omega Semiconductor Ltd (AOSL)
Days of inventory on hand (DOH)
| Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 2.82 | 2.76 | 2.75 | 2.67 | 2.46 | 2.43 | 2.45 | 2.58 | 2.68 | 2.81 | 3.26 | 3.18 | 3.22 | 3.45 | 3.72 | 2.85 | 2.93 | 2.96 | 2.75 | 2.76 | |
| DOH | days | 129.37 | 132.09 | 132.83 | 136.94 | 148.19 | 149.96 | 148.97 | 141.55 | 136.00 | 129.79 | 111.84 | 114.92 | 113.33 | 105.84 | 98.02 | 128.07 | 124.50 | 123.44 | 132.69 | 132.15 |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.82
= 129.37
The analysis of Alpha and Omega Semiconductor Ltd's days of inventory on hand (DOH) over the specified period reveals notable fluctuations and trends. As of September 30, 2020, the DOH was approximately 132.15 days, demonstrating a relatively high inventory holding period. This level remained steady through December 31, 2020, at 132.69 days, indicating little change in inventory management practices during this period.
A decline in DOH was observed starting in March 2021, with the figure decreasing to approximately 123.44 days, suggesting improved inventory turnover. This downward trend continued into June 2021, with the DOH reaching around 124.50 days, and remained relatively stable through September 2021 at 128.07 days.
A significant reduction occurred between September 2021 and December 2021, where the DOH dropped to approximately 98.02 days, indicating a notable enhancement in inventory efficiency. This lower level persisted into March 2022 at 105.84 days, with a slight increase observed in June 2022 to 113.33 days.
From mid-2022 onward, the DOH demonstrated an upward trend. By September 2022, it increased marginally to 114.92 days and slightly decreased to about 111.84 days by December 2022. However, a marked rise commenced after this period, with the DOH reaching approximately 129.79 days by March 2023. The upward trajectory continued through June 2023 and September 2023, with values of 136.00 days and 141.55 days respectively.
The trend persisted into late 2023 and early 2024, with DOH figures of approximately 148.97 days in December 2023, 149.96 days in March 2024, and slightly reduced to 148.19 days by June 2024. A decrease was noted in subsequent quarters, with DOH declining to 136.94 days in September 2024 and further to 132.83 days in December 2024.
The recent data indicates stabilization, as the DOH slightly decreased to 132.09 days in March 2025 and further to 129.37 days in June 2025. The overall pattern illustrates periods of inventory optimization followed by phases of increased inventory holding periods, reflecting strategic or operational adjustments within the company over the analyzed timeframe.