Cytokinetics Inc (CYTK)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		—	—	—	—	—
DOH	days	—	—	—	—	—

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The days of inventory on hand (DOH) ratio for Cytokinetics Inc for the years ending December 31, 2019 to December 31, 2023 is not provided in the table. Days of inventory on hand (DOH) is a measure of how many days a company takes, on average, to sell its inventory. A lower DOH indicates that the company is selling inventory more quickly, which can be a positive sign as it reduces the risk of inventory obsolescence and frees up working capital.

Without the specific DOH values, it is difficult to provide a detailed analysis of Cytokinetics Inc's inventory management efficiency over the years. Investors and analysts often use the DOH ratio to assess the company's effectiveness in managing inventory levels and optimizing the use of resources. A trend analysis of the DOH ratio over several years can provide insights into the company's inventory turnover performance and operational efficiency.

To further analyze Cytokinetics Inc's inventory management strategy, it would be beneficial to obtain the actual values of the DOH ratio for each year and compare them to industry benchmarks or competitors to determine if the company is effectively managing its inventory levels.