Integra LifeSciences Holdings (IART)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.77 | 3.72 | 4.12 | 4.33 | 4.11 | |
| DOH | days | 96.70 | 98.12 | 88.69 | 84.26 | 88.82 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.77
= 96.70
The days of inventory on hand (DOH) for Integra LifeSciences Holdings has shown some fluctuation over the past five years. The DOH decreased from 88.82 days as of December 31, 2020, to 84.26 days as of December 31, 2021, indicating a more efficient management of inventory during that period. However, there was a slight increase in DOH to 88.69 days by December 31, 2022.
The trend reversed in the following years, with the DOH increasing significantly to 98.12 days by December 31, 2023, and then slightly decreasing to 96.70 days by December 31, 2024. These increases in DOH suggest that Integra LifeSciences Holdings may be taking longer to sell its inventory or facing challenges in managing its inventory levels effectively.
Overall, the fluctuation in the days of inventory on hand over the past five years for Integra LifeSciences Holdings indicates the need for the company to closely monitor and optimize its inventory management practices to ensure optimal efficiency and profitability in the future.
Peer comparison
Dec 31, 2024