Pfizer Inc (PFE)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		1.51	2.91	3.82	3.40	1.08
DOH	days	241.21	125.27	95.45	107.28	337.87

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.51
= 241.21

The days of inventory on hand (DOH) for Pfizer Inc has shown a significant improvement over the past five years. It decreased from 337.87 days as of December 31, 2020, to 107.28 days as of December 31, 2021, signaling a more efficient management of inventory. This trend continued with further reductions to 95.45 days as of December 31, 2022, and a slight increase to 125.27 days as of December 31, 2023. However, there was a notable jump to 241.21 days as of December 31, 2024, indicating a possible buildup of inventory relative to sales volume. Overall, Pfizer Inc should carefully monitor its inventory levels to ensure optimal balance between holding costs and stockouts.