Entegris Inc (ENTG)

Days of inventory on hand (DOH)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Inventory turnover 2.75 2.74 2.91 3.08 3.34 3.17 2.97 2.49 2.32 2.04 2.36 2.38 2.61 2.76 2.90 2.96 3.12 2.89 2.77 2.97
DOH days 132.74 133.39 125.31 118.64 109.35 115.08 122.76 146.77 157.34 178.50 154.70 153.05 139.97 132.05 125.70 123.49 117.12 126.39 131.92 122.96

December 31, 2024 calculation

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

The days of inventory on hand (DOH) for Entegris Inc have shown fluctuations over the past years. The trend indicates that the company managed its inventory levels differently across various periods.

Between March 31, 2020, and December 31, 2021, the DOH remained relatively stable, ranging from 117.12 days to 139.97 days. This stability suggests consistent inventory management during this period.

However, starting from March 31, 2022, the DOH increased significantly to 178.50 days by September 30, 2022. This spike may indicate potential issues such as overstocking or slowing sales, which could tie up capital in excess inventory.

Subsequently, there was a decline in DOH to 109.35 days by December 31, 2023, which may suggest improved inventory management practices or increased sales efficiency.

Overall, fluctuations in Entegris Inc's DOH should be further investigated to ensure optimal inventory management strategies are in place to balance the costs of carrying inventory with meeting customer demand effectively.