Entegris Inc (ENTG)

Days of inventory on hand (DOH)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Inventory turnover 2.75 3.34 2.32 2.61 3.12
DOH days 132.74 109.35 157.34 139.97 117.12

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.75
= 132.74

The Days of Inventory on Hand (DOH) for Entegris Inc has shown a fluctuating trend over the past five years.

- As of December 31, 2020, the DOH was 117.12 days, indicating that the company held inventory for approximately 117 days before selling it.
- By December 31, 2021, the DOH increased to 139.97 days, suggesting that the company took longer to sell its inventory compared to the previous year.
- The trend continued to rise, reaching 157.34 days by December 31, 2022, which indicates a further increase in the holding period of inventory.
- However, by December 31, 2023, the DOH decreased to 109.35 days, showing that the company was able to reduce the time it held inventory before selling.
- In the latest year, as of December 31, 2024, the DOH slightly increased to 132.74 days, indicating a longer holding period compared to the previous year but still lower than in 2022.

Overall, the fluctuating trend in the Days of Inventory on Hand for Entegris Inc implies potential shifts in inventory management efficiency and the company's ability to control inventory levels. Further analysis would be required to understand the underlying reasons for these fluctuations and their impact on the company's operations and financial performance.