Lattice Semiconductor Corporation (LSCC)

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		1.81	1.94	2.17	2.41	2.34	2.16	1.98	1.83	1.89	2.18	2.59	2.76	2.86	2.80	2.70	2.83	2.52	2.71	3.01	3.37
DOH	days	201.43	188.37	167.94	151.59	155.72	168.95	184.22	199.44	193.40	167.20	141.09	132.13	127.40	130.25	135.32	129.03	144.82	134.49	121.25	108.25

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.81
= 201.43

The days of inventory on hand (DOH) for Lattice Semiconductor Corporation have shown fluctuations over the years as per the data provided. The DOH increased from 108.25 days as of March 31, 2020, to a peak of 201.43 days by December 31, 2024.

The trendline shows that the DOH generally increased from 2020 to 2024, indicating that, on average, Lattice Semiconductor Corporation has been carrying more inventory in relation to its sales. This could suggest potential inefficiencies in inventory management or challenges in matching production with demand.

There were noticeable spikes in DOH during certain quarters, such as in September 2022 and December 2024, which reached 167.20 days and 201.43 days, respectively. These spikes could indicate potential issues such as overproduction, slowing sales, or difficulties in liquidating inventory.

Additionally, the DOH experienced some fluctuations, showing both upward and downward movements during the periods analyzed. The variations in DOH may be influenced by seasonality, industry trends, production planning, or changes in demand for Lattice Semiconductor Corporation's products.

Overall, a consistent and increasing trend in DOH over the years may require further investigation into the company's inventory management practices to ensure efficient utilization of resources and optimal balance between inventory levels and operational needs.