Hims Hers Health Inc (HIMS)
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 | 4.71 | 4.77 | 4.68 | 5.66 | 6.99 | 6.79 | 6.55 | 6.23 | 5.48 | 4.74 | 4.82 | 6.74 | 4.97 | 5.01 | 6.84 | 9.27 | 11.09 | 6.05 | 3.28 | 1.63 | |
| DOH | days | 77.51 | 76.49 | 77.95 | 64.50 | 52.21 | 53.74 | 55.70 | 58.57 | 66.59 | 77.00 | 75.71 | 54.13 | 73.44 | 72.91 | 53.33 | 39.37 | 32.90 | 60.30 | 111.42 | 223.60 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.71
= 77.51
The days of inventory on hand (DOH) for Hims Hers Health Inc have shown variability over the examined periods. From a high of 223.60 days on March 31, 2020, the company managed to significantly reduce its DOH to 32.90 days by December 31, 2020, indicating a more efficient management of inventory levels. However, there was a subsequent increase in DOH to 75.71 days by June 30, 2022, before fluctuating between the range of 50 to 80 days over the following periods. These fluctuations suggest potential challenges in maintaining optimal inventory levels relative to sales and production demands. It is essential for the company to closely monitor and manage its inventory to ensure efficient operations and cost control.
Peer comparison
Dec 31, 2024