Regenxbio Inc (RGNX)

Days of inventory on hand (DOH)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Inventory turnover		—	10.96	9.01	8.82	10.54	9.99	9.49	8.02	7.10	6.04	8.55	7.51	9.42	5.95	7.16	8.75	8.94	7.89	8.07	6.62
DOH	days	—	33.30	40.49	41.40	34.62	36.54	38.46	45.53	51.38	60.44	42.70	48.61	38.74	61.36	50.97	41.73	40.83	46.28	45.25	55.11

December 31, 2023 calculation

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

As the table does not provide specific numerical values for the days of inventory on hand (DOH) for Regenxbio Inc for each quarter, a detailed analysis based on the provided data is not feasible. However, in a typical scenario, the days of inventory on hand ratio is calculated by dividing the average inventory by the cost of goods sold, then multiplying by the number of days in the period.

A high DOH ratio suggests that the company may be facing issues such as overstocking, slow-moving inventory, or inefficiencies in inventory management. This can tie up working capital and lead to increased holding costs. On the other hand, a low DOH ratio may indicate swift inventory turnover, but it could also point to stockouts or inadequate inventory levels to meet customer demand.

Therefore, without specific numerical data from the table, a thorough analysis of Regenxbio Inc's DOH trend and comparison to industry benchmarks and historical data cannot be provided. It is essential to monitor this ratio over time to assess the company's inventory management efficiency and its impact on financial performance.