Gilead Sciences Inc (GILD)

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		1.74	3.33	3.07	3.30	1.77	1.81	1.77	1.87	2.01	2.65	4.50	2.49	2.41	1.92	1.77	1.66	1.52	2.49	2.42	2.32
DOH	days	209.56	109.50	118.87	110.53	205.86	201.37	206.08	195.00	181.95	137.88	81.20	146.51	151.18	190.04	206.17	220.29	240.62	146.77	151.12	157.39

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.74
= 209.56

The days of inventory on hand (DOH) for Gilead Sciences Inc have shown fluctuations over the observed period. The DOH decreased from 157.39 days as of March 31, 2020, to 81.20 days as of June 30, 2022, indicating an improvement in inventory management efficiency during this period.

However, the DOH increased significantly to 240.62 days as of December 31, 2020, and fluctuated around the 200-day mark until September 30, 2023, suggesting potential issues with inventory management or changes in demand dynamics during this period.

Subsequently, the DOH declined to 110.53 days as of March 31, 2024, and remained relatively stable around the 100-day level until December 31, 2024.

Overall, Gilead Sciences Inc may need to further analyze and optimize its inventory management practices to ensure efficient utilization of resources and mitigate the risks associated with carrying excessive inventory levels.