Jazz Pharmaceuticals PLC (JAZZ)
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 | 1.57 | 1.64 | 1.62 | 1.23 | 0.98 | 0.81 | 0.80 | 0.82 | 0.76 | 0.70 | 0.60 | 0.52 | 0.41 | 0.31 | 0.20 | 1.39 | 1.56 | 1.47 | 1.33 | 1.44 | |
DOH | days | 231.76 | 221.99 | 225.73 | 296.92 | 371.16 | 450.51 | 455.01 | 444.67 | 482.19 | 521.78 | 603.84 | 697.27 | 888.34 | 1,170.68 | 1,814.97 | 262.69 | 233.82 | 248.77 | 273.67 | 253.88 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.57
= 231.76
The days of inventory on hand (DOH) for Jazz Pharmaceuticals PLC have shown fluctuations over the periods presented in the data.
From March 31, 2020, to June 30, 2021, there was an unusual spike in the DOH, reaching as high as 1,814.97 days. This significant increase may indicate issues with inventory management, potentially leading to excess inventory levels or difficulties in sales forecasting.
Subsequently, from September 30, 2021, to December 31, 2024, the trend shows a gradual decrease in DOH, suggesting improvements in managing inventory levels more efficiently. The DOH ranged between 221.99 days to 603.84 days during this period.
Overall, it is crucial for Jazz Pharmaceuticals PLC to closely monitor and optimize its inventory management practices to ensure an appropriate balance between maintaining sufficient inventory to meet demand and avoiding excess inventory holding costs.
Peer comparison
Dec 31, 2024