Bruker Corporation (BRKR)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		1.61	1.50	1.53	1.70	1.51
DOH	days	227.01	243.54	238.40	214.51	241.18

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.61
= 227.01

The days of inventory on hand (DOH) for Bruker Corporation have shown some fluctuations over the past five years. In December 2020, the company had 241.18 days of inventory on hand, indicating an extensive amount of inventory relative to its sales.

However, by December 2021, the DOH decreased to 214.51 days, suggesting a more efficient inventory management process. This reduction in DOH may indicate better inventory control, which could lead to cost savings and improved cash flow.

In the following years, there were some fluctuations in the DOH, with values ranging from 238.40 days in December 2022 to 243.54 days in December 2023. These fluctuations may be influenced by factors such as changes in demand, production efficiency, and inventory management practices within the company.

By December 2024, the DOH decreased to 227.01 days, showing a trend towards more efficient inventory turnover. Overall, Bruker Corporation's DOH has shown variability over the years, but the downward trend in recent years suggests potential improvements in inventory management efficiency.