Collegium Pharmaceutical Inc (COLL)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 7.15 | 7.44 | 5.47 | 7.26 | 8.34 | |
| DOH | days | 51.08 | 49.05 | 66.71 | 50.29 | 43.78 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.15
= 51.08
Collegium Pharmaceutical Inc's days of inventory on hand (DOH) has seen fluctuations over the past five years. The DOH increased from 43.78 days as of December 31, 2020, to 50.29 days as of December 31, 2021, representing a rise in the time it takes to convert inventory into sales. Subsequently, there was a significant jump to 66.71 days as of December 31, 2022, indicating an even longer period of inventory holding.
However, by December 31, 2023, the DOH decreased to 49.05 days, suggesting a potential improvement in inventory management efficiency. The trend continued as of December 31, 2024, with the DOH at 51.08 days, showing some stability in inventory turnover.
Overall, the analysis of Collegium Pharmaceutical Inc's DOH indicates varying inventory management practices over the years, with a notable increase in 2022 followed by a slight improvement in 2023 and 2024. Further investigation into the factors influencing these changes could provide insights into the company's operational efficiency and inventory control strategies.
Peer comparison
Dec 31, 2024