Roivant Sciences Ltd (ROIV)

Days of inventory on hand (DOH)

		Mar 31, 2025	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
Inventory turnover		—	—	—	0.45	0.44	3.92	5.14	6.05	8.36	0.24	0.10	—	—	0.17	0.19	0.05	—	—
DOH	days	—	—	—	809.77	826.90	93.14	71.07	60.32	43.67	1,544.48	3,761.02	—	—	2,188.29	1,929.94	6,641.08	—	—

March 31, 2025 calculation

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

Days of Inventory on Hand (DOH) is a financial ratio that measures the average number of days a company takes to sell its inventory. A lower DOH indicates efficient inventory management, while a higher DOH may suggest slow-moving inventory or potential issues with sales or production.

The trend of Roivant Sciences Ltd's DOH over the reported periods shows fluctuations. For instance, as of December 31, 2020, and March 31, 2021, the DOH data is not available. However, from June 30, 2021, to September 30, 2021, there is a significant increase in DOH, indicating a slowdown in inventory turnover.

Subsequently, as of December 31, 2021, there is a slight decrease in DOH compared to the previous quarter, suggesting a slightly improved pace of inventory turnover. This trend continues until September 30, 2022, where there is a notable increase in DOH, signaling a potential buildup of inventory or a slowdown in sales.

From December 31, 2022, to March 31, 2024, there is a drastic decrease in DOH, which may indicate more efficient inventory management or an increase in sales volume. However, from March 31, 2024, to June 30, 2024, the DOH remains relatively stable at a high level, reflecting slower inventory turnover.

Overall, the trend in Roivant Sciences Ltd's DOH indicates fluctuations in inventory management efficiency, which could be influenced by various factors such as changes in demand, production delays, or supply chain disruptions. Monitoring and managing inventory levels effectively are crucial for optimizing working capital and ensuring operational efficiency.