Amphenol Corporation (APH)

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 3.96 3.67 3.73 4.00 3.91 4.02 4.27 4.09 4.11 4.08 4.00 3.95 3.95 3.61 3.79 4.01 4.06 4.13 4.11 4.21
DOH days 92.15 99.36 97.92 91.30 93.38 90.72 85.49 89.34 88.91 89.55 91.28 92.51 92.49 101.10 96.37 90.93 89.93 88.35 88.82 86.66

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.96
= 92.15

The days of inventory on hand (DOH) for Amphenol Corporation have shown some fluctuations over the years based on the provided data. Generally, a high DOH value indicates that the company is taking longer to sell its inventory, which could tie up working capital and lead to potential obsolescence.

From March 31, 2020, to June 30, 2021, the DOH steadily increased from 86.66 days to 96.37 days, peaking at 101.10 days on September 30, 2021. This prolonged period implies that Amphenol was holding onto its inventory for an extended duration before selling it.

There was a slight decrease in DOH from September 2021 to March 31, 2022, followed by fluctuations within a range of 85.49 to 99.36 days until December 31, 2024. These variations suggest that Amphenol may have been adjusting its inventory management strategies to optimize working capital efficiency.

Overall, monitoring the DOH metric can provide insights into how efficiently Amphenol is managing its inventory levels and could indicate potential operational improvements in inventory turnover and working capital management.

See also:

Amphenol Corporation Average Inventory Processing Period (Quarterly Data)