Kulicke and Soffa Industries Inc (KLIC)

Days of inventory on hand (DOH)

		Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Inventory turnover		2.46	1.77	4.08	4.90	2.91
DOH	days	148.29	206.64	89.39	74.42	125.49

September 30, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.46
= 148.29

The Days of Inventory on Hand (DOH) for Kulicke and Soffa Industries Inc has experienced fluctuations over the past five years. In Sep 30, 2024, the DOH decreased to 148.29 days from 206.64 days in Sep 30, 2023, indicating a potential improvement in inventory management efficiency. However, compared to Sep 30, 2022, where the DOH was at 89.39 days, the current level remains relatively high.

In Sep 30, 2021, the DOH was 74.42 days, illustrating a significant decrease compared to the previous year, but the metric increased in Sep 30, 2020, when it stood at 125.49 days.

Overall, the trend in DOH shows variations, suggesting potential changes in inventory management practices or the company's ability to control inventory levels efficiently over the years. Further analysis, considering industry benchmarks and the company's specific circumstances, would be necessary to fully assess the implications of these fluctuations.