Elanco Animal Health (ELAN)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 1.61 | 1.43 | 1.59 | 1.96 | 1.28 | |
| DOH | days | 227.08 | 255.46 | 229.98 | 186.44 | 284.24 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.61
= 227.08