Corcept Therapeutics Incorporated (CORT)

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		0.88	1.22	1.03	1.06	0.84	0.81	0.84	0.33	0.32	0.87	0.30	1.04	0.29	1.04	1.10	1.00	0.26	1.20	1.22	0.38
DOH	days	416.32	299.73	355.17	343.91	435.27	450.66	436.75	1,095.13	1,154.38	419.62	1,223.58	352.24	1,240.63	351.83	332.72	363.24	1,383.43	305.03	299.78	959.57

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 0.88
= 416.32

The days of inventory on hand (DOH) for Corcept Therapeutics Incorporated has shown fluctuations over the past few years. As of December 31, 2024, the company had 416.32 days of inventory on hand, which indicates that it takes approximately 416 days for the company to sell its entire inventory.

Historically, there were significant spikes in DOH, such as on December 31, 2020, and March 31, 2022, where the figures were 1,383.43 days and 1,154.38 days respectively. These high values suggest potential issues with inventory management, such as overstocking or slow-moving inventory.

On the other hand, there were periods like September 30, 2020, and September 30, 2024, where the DOH was lower at 305.03 days and 299.73 days, indicating more efficient inventory turnover during those periods.

Overall, it is essential for Corcept Therapeutics to closely monitor and manage its inventory levels to ensure optimal utilization of resources and maintain healthy financial performance.