Dynavax Technologies Corporation (DVAX)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		0.71	0.94	4.41	2.83	0.22
DOH	days	517.13	387.72	82.77	128.98	1,671.21

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 0.71
= 517.13

The days of inventory on hand (DOH) for Dynavax Technologies Corporation have shown a significant fluctuation over the past five years. Starting from an exceptionally high level of 1,671.21 days as of December 31, 2020, the DOH decreased dramatically to 128.98 days by December 31, 2021. This sharp decline indicates improved inventory management efficiency during that period.

Subsequently, the trend continued as the DOH dropped further to 82.77 days by the end of 2022, demonstrating the company's ability to streamline its inventory turnover process. However, there was a notable increase in the DOH to 387.72 days by December 31, 2023, which might suggest challenges in inventory control or a buildup of excess inventory during that year.

By December 31, 2024, the DOH increased even more significantly to 517.13 days, potentially indicating a need for Dynavax Technologies Corporation to re-evaluate its inventory management strategies and practices. Overall, the varying levels of DOH over the years reflect fluctuations in the company's inventory management effectiveness, highlighting the importance of closely monitoring and optimizing inventory turnover to ensure operational efficiency.