Revvity Inc. (RVTY)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		3.79	3.47	3.26	3.27	3.25
DOH	days	96.26	105.32	111.95	111.53	112.27

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.79
= 96.26

The Days of Inventory on Hand (DOH) for Revvity Inc. has shown a decreasing trend over the years from 2020 to 2024.

In 2020, the company had an inventory holding period of 112.27 days, which slightly decreased to 111.53 days in 2021. This downward trend continued with 111.95 days in 2022, 105.32 days in 2023, and finally reaching 96.26 days in 2024.

A decreasing DOH indicates that the company is managing its inventory more efficiently, taking fewer days to sell its inventory. This can be a positive sign of effective inventory management, potentially leading to lower carrying costs, improved liquidity, and better cash flow generation.

Revvity Inc.'s ability to reduce its inventory holding period over the years suggests that it is optimizing its inventory levels effectively, potentially enhancing overall operational performance and profitability.