Lantheus Holdings Inc (LNTH)

Days of inventory on hand (DOH)

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Inventory turnover 8.02 9.17 9.96 6.76 5.61
DOH days 45.51 39.82 36.64 53.98 65.02

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.02
= 45.51

The Days of Inventory on Hand (DOH) for Lantheus Holdings Inc have shown a decreasing trend over the years. As of December 31, 2020, the company held inventory for an average of 65.02 days, which decreased to 53.98 days by December 31, 2021. This trend continued as the DOH further decreased to 36.64 days by December 31, 2022, indicating that the company is managing its inventory more efficiently.

However, there was a slight increase in DOH to 39.82 days by December 31, 2023, followed by another increase to 45.51 days by December 31, 2024. These increases may suggest that the company might be facing challenges in managing its inventory levels effectively during those periods.

Overall, the decreasing trend in DOH from 2020 to 2022 indicates that Lantheus Holdings Inc has improved its inventory management efficiency. However, the slight increases in 2023 and 2024 could be areas of focus for the company to ensure optimal inventory control and cost management.