Qorvo Inc (QRVO)

Days of inventory on hand (DOH)

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Inventory turnover		3.41	3.21	2.85	3.12	4.20
DOH	days	107.16	113.70	127.95	116.91	86.94

March 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.41
= 107.16

Qorvo Inc's days of inventory on hand (DOH) has shown fluctuating trends over the past five years. The DOH increased from 86.94 days as of March 31, 2021, to 116.91 days as of March 31, 2022, indicating that the company held inventory for a longer period. Subsequently, the DOH further increased to 127.95 days by March 31, 2023, suggesting a potential inventory management challenge.

However, Qorvo Inc seemed to address this issue as the DOH decreased to 113.70 days by March 31, 2024. This reduction may indicate improvements in inventory turnover and management efficiency. Moreover, as of March 31, 2025, the DOH further decreased to 107.16 days, which could suggest ongoing efforts to optimize inventory levels and enhance operational performance.

Overall, Qorvo Inc's DOH has displayed varying trends, indicating the company's responsiveness to inventory management challenges and its focus on enhancing operational efficiency over the years.