Haemonetics Corporation (HAE)

Days of inventory on hand (DOH)

Mar 31, 2025 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
Inventory turnover 1.68 1.80 1.70 1.71 1.96 1.97 2.05 2.00 2.13 2.09 2.00 1.75 1.66 1.64 1.55 1.49 1.46 1.52 1.52 1.65
DOH days 217.82 203.18 214.77 213.51 186.20 185.48 177.88 182.49 171.03 174.79 182.74 208.51 219.31 222.20 235.01 244.45 249.15 240.78 239.51 220.75

March 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.68
= 217.82

Haemonetics Corporation's Days of Inventory on Hand (DOH) has shown fluctuations over the past few years. From June 2020 to September 2022, the DOH ranged from 182.74 days to 249.15 days, indicating some volatility in managing inventory levels. However, there was a downward trend in DOH from September 2022 to June 2024, reaching a low of 171.03 days in March 2023. This signifies potential improvements in inventory management efficiency during that period.

Subsequently, there was an uptick in DOH, reaching 217.82 days in March 2025. This increase may raise concerns about inventory levels relative to sales volume. Overall, Haemonetics Corporation should continue to monitor and optimize its inventory management practices to ensure efficient utilization of resources and minimize carrying costs.