Pacira BioSciences, Inc. (PCRX)

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		1.59	1.98	2.15	2.19	1.91	2.06	2.28	2.28	2.07	1.82	1.59	1.40	1.42	2.03	2.02	1.84	1.81	1.66	1.59	1.83
DOH	days	229.71	184.59	170.00	166.86	191.41	177.13	160.27	159.90	175.94	200.31	228.95	260.98	256.47	179.66	180.62	198.25	201.12	219.58	229.11	199.54

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.59
= 229.71

The days of inventory on hand (DOH) for Pacira BioSciences, Inc. have exhibited some fluctuations over the past few years. From March 31, 2020, to June 30, 2021, the DOH fluctuated within a range of approximately 179 to 260 days, indicating variability in inventory management efficiency.

However, from March 31, 2022, to December 31, 2024, the DOH showed a decreasing trend, reaching its lowest point of 159.90 days by March 31, 2023. This reduction suggests potential improvements in inventory turnover and management efficiency during this period.

While there was a slight increase in DOH by December 31, 2024, compared to the low point in March 31, 2023, the overall trend indicates a positive shift towards more efficient inventory management. Pacira BioSciences, Inc. may have implemented strategies to optimize inventory levels and turnover, leading to a more streamlined and cost-effective operation in this aspect.