Pfizer Inc (PFE)

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		2.02	2.10	2.50	2.46	2.80	2.89	2.42	3.23	3.87	3.66	3.71	3.68	3.42	2.80	1.87	1.41	1.26	1.05	1.15	1.21
DOH	days	180.81	173.99	146.01	148.27	130.59	126.10	150.56	112.98	94.30	99.64	98.45	99.13	106.77	130.57	195.48	259.63	290.57	346.33	316.74	302.48

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.02
= 180.81

The days of inventory on hand (DOH) for Pfizer Inc have shown fluctuations over the years based on the data provided. In recent quarters, there has been a decrease in DOH, indicating that the company is managing its inventory more efficiently.

The trend suggests that Pfizer has been able to turn its inventory into sales at a faster rate, which could be attributed to improved inventory management practices or better demand forecasting. A lower DOH indicates that the company is carrying less inventory relative to its sales, which can lead to cost savings and improved cash flow.

However, it is important for Pfizer to strike a balance with inventory levels to ensure that it can meet customer demand without facing stockouts. Monitoring DOH over time can help the company optimize its inventory levels and maintain competitiveness in the market.

Overall, the downward trend in DOH for Pfizer Inc indicates improvements in inventory management efficiency, but the company should continue monitoring and adjusting its inventory levels to align with business needs.