Protagonist Therapeutics Inc (PTGX)

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		—	—	—	—	—	—	—	—	—	—	—	0.21	0.10	—	—	—	0.00	0.00	0.00	277.40
DOH	days	—	—	—	—	—	—	—	—	—	—	—	1,707.68	3,789.49	—	—	—	—	—	—	1.32

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The days of inventory on hand (DOH) for Protagonist Therapeutics Inc show significant fluctuations over the years. As of March 31, 2020, the company had 1.32 days of inventory on hand, indicating efficient inventory management. However, the data for the subsequent periods up to September 30, 2021, and extending to June 30, 2022, is not available as denoted by "— days."

On December 31, 2021, there was a sharp increase in the DOH to 3,789.49 days, suggesting a potential inventory management issue or a one-time event affecting inventory levels. This spike is unusual and requires further investigation to understand the underlying reasons.

As of March 31, 2022, there was a substantial decrease in DOH to 1,707.68 days from the exceptionally high level in the previous period. The data for the subsequent periods up to December 31, 2024, is not available as denoted by "— days." Without complete data for analysis, it is challenging to draw conclusions about the company's inventory management performance.

In conclusion, the company experienced significant fluctuations in its days of inventory on hand, with some periods showing efficient management and others indicating potential issues or anomalies in inventory control. Further data and analysis are required to assess the trend and effectiveness of Protagonist Therapeutics Inc's inventory management practices accurately.