Catalyst Pharmaceuticals Inc (CPRX)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		13.95	13.77	9.09	13.17	26.39
DOH	days	26.16	26.52	40.17	27.71	13.83

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 13.95
= 26.16

Catalyst Pharmaceuticals Inc's Days of Inventory on Hand (DOH) has fluctuated over the past five years, ranging from a low of 13.83 days in 2019 to a high of 40.17 days in 2021. The company's DOH was at 26.16 days as of December 31, 2023, which is slightly lower compared to the previous year.

A lower DOH indicates that the company is able to sell its inventory more quickly, which is generally seen as a positive indication of efficiency. However, a sudden drop in DOH could also suggest a lack of inventory to meet potential demand. On the other hand, a higher DOH may indicate overstocking or potential issues with inventory management.

In the case of Catalyst Pharmaceuticals Inc, the trend in DOH indicates some variability in inventory management over the years. Further analysis would be required to understand the reasons behind these fluctuations and their potential impact on the company's operations and financial performance.