Littelfuse Inc (LFUS)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.37 | 3.08 | 2.75 | 2.93 | 3.66 | |
| DOH | days | 108.28 | 118.46 | 132.65 | 124.37 | 99.70 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.37
= 108.28
The days of inventory on hand (DOH) for Littelfuse Inc has shown fluctuations over the past five years. The trend indicates an increase in DOH from 99.70 days as of December 31, 2020, to 132.65 days as of December 31, 2022, before decreasing to 108.28 days as of December 31, 2024.
A higher DOH suggests that Littelfuse Inc is holding inventory for a longer period before selling it, which may tie up capital and impact liquidity. However, a lower DOH could indicate efficient inventory management, allowing the company to turn over its inventory more quickly.
The significant fluctuations in DOH observed over the years may warrant further investigation into the company's inventory management practices, sales trends, and overall operational efficiency to assess the impact on cash flow and profitability.
Peer comparison
Dec 31, 2024