Bruker Corporation (BRKR)

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		1.61	1.36	1.33	1.41	1.50	1.50	1.44	1.47	1.53	1.63	1.61	1.65	1.70	1.61	1.57	1.56	1.51	1.49	1.56	1.70
DOH	days	227.01	269.18	273.52	259.00	243.54	244.13	254.23	248.40	238.40	223.43	226.89	221.18	214.51	226.50	233.02	234.21	241.18	244.99	233.33	214.92

December 31, 2024 calculation

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

The days of inventory on hand (DOH) for Bruker Corporation exhibit fluctuations over the analyzed period. The DOH ranged from a high of 273.52 days on June 30, 2024, to a low of 214.51 days on December 31, 2021. This metric indicates the number of days it takes for the company to sell its average inventory balance, with lower values generally seen as more favorable.

Bruker's DOH peaked in the latter half of 2024, suggesting a longer period to sell its inventory, which could potentially signal issues with inventory management, overstocking, or slow sales. Conversely, the company managed to reduce its DOH to around 214 days in December 2021, indicating efficient inventory turnover.

It would be beneficial for Bruker Corporation to closely monitor its inventory levels and sales performance to optimize its inventory management practices and ensure a balanced approach that minimizes excess inventory while meeting customer demand efficiently.