Amphenol Corporation (APH)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.96 | 3.91 | 4.11 | 3.95 | 4.06 | |
| DOH | days | 92.15 | 93.38 | 88.91 | 92.49 | 89.93 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.96
= 92.15
The days of inventory on hand (DOH) for Amphenol Corporation has shown fluctuations over the past five years.
- As of December 31, 2020, the DOH was 89.93 days, indicating that, on average, it took the company approximately 89.93 days to sell its inventory.
- By December 31, 2021, the DOH increased to 92.49 days, suggesting a slight decrease in inventory turnover efficiency.
- The trend reversed in 2022, as the DOH decreased to 88.91 days, implying a more efficient management of inventory.
- On December 31, 2023, the DOH rose to 93.38 days, indicating a potential challenge in inventory management efficiency.
- As of December 31, 2024, the DOH stood at 92.15 days, showing a slight improvement compared to the previous year.
Overall, the fluctuations in the DOH over the five-year period suggest varying levels of efficiency in managing Amphenol Corporation's inventory. Further analysis and comparison with industry benchmarks would provide additional insights into the company's inventory management strategies.