Regeneron Pharmaceuticals Inc (REGN)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		1.10	0.99	1.18	0.73	1.36
DOH	days	331.61	366.96	310.15	499.83	268.67

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.10
= 331.61

Regeneron Pharmaceuticals, Inc.'s Days of Inventory on Hand (DOH) has shown significant fluctuations over the past five years. The DOH was 1,010.50 days as of Dec 31, 2023, decreased from 1,095.87 days as of Dec 31, 2022. This decline indicates a potential improvement in managing inventory levels compared to the previous year. However, when compared to Dec 31, 2021, where the DOH was significantly lower at 401.68 days, the current level remains relatively high.

The sharp increase in DOH from 2020 to 2019 (1,422.16 days to 1,426.05 days) suggests challenges in managing inventory efficiently during that period. Overall, the trend in DOH for Regeneron Pharmaceuticals, Inc. indicates some variability and may require further investigation to understand the factors driving these fluctuations and to assess the effectiveness of the company's inventory management strategies.