Cirrus Logic Inc (CRUS)

Days of inventory on hand (DOH)

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Inventory turnover		3.01	3.84	4.03	6.20	3.82
DOH	days	121.29	95.03	90.59	58.90	95.54

March 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.01
= 121.29

The Days of Inventory on Hand (DOH) for Cirrus Logic Inc have fluctuated over the past five years.

- As of March 31, 2021, the company had an inventory on hand for an average of 95.54 days. This suggests that Cirrus Logic Inc may have been holding onto inventory for a longer period, which could tie up working capital and potentially lead to inventory obsolescence.

- By March 31, 2022, the DOH decreased to 58.90 days, indicating a more efficient management of inventory levels. Cirrus Logic Inc may have implemented better inventory control measures or experienced improved demand forecasting during this period.

- However, the DOH increased again to 90.59 days by March 31, 2023, suggesting a potential buildup of inventory levels. This increase could signal potential challenges in managing inventory efficiently or changes in demand patterns.

- The DOH remained relatively stable at around 95 days by March 31, 2024, indicating that Cirrus Logic Inc may have maintained consistent inventory management practices during this period.

- The most recent data as of March 31, 2025, shows a significant increase in DOH to 121.29 days. This substantial rise could indicate an issue with inventory turnover, potentially leading to excess inventory levels or adjustments in demand forecasts.

Overall, the trend in Cirrus Logic Inc's Days of Inventory on Hand over the past five years suggests varying degrees of effectiveness in managing inventory levels, with potential implications for working capital management and operational efficiency.