Revvity Inc. (RVTY)

Days of inventory on hand (DOH)

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 Sep 30, 2020 Jul 5, 2020 Apr 5, 2020
Inventory turnover 3.79 3.62 3.68 3.61 3.47 5.15 4.37 3.70 3.26 3.70 2.30 2.21 3.27 2.38 3.19 3.14 3.25 3.19 3.10 3.79
DOH days 96.27 100.79 99.13 101.00 105.32 70.85 83.47 98.74 111.95 98.53 158.80 165.15 111.53 153.25 114.59 116.30 112.27 114.38 117.76 96.24

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.79
= 96.27

Revvity Inc.'s days of inventory on hand (DOH) has shown fluctuations over the past few years. From April 5, 2020, to June 30, 2021, there was a relatively stable range between 96.24 and 117.76 days. However, a significant increase was observed on September 30, 2021, reaching 153.25 days, indicating a potential buildup of inventory.

Subsequently, there was a decline in DOH by December 31, 2021, to 111.53 days, followed by another peak on March 31, 2022, at 165.15 days. This sharp increase suggests potential overstocking or slower inventory turnover during this period.

By September 30, 2022, the DOH decreased to 98.53 days, indicating a potential effort to optimize inventory management. The trend continued with variations within the range of around 80-110 days until September 30, 2024, displaying a more stable inventory management approach.

Overall, monitoring and managing inventory levels effectively are crucial for Revvity Inc. to ensure optimal liquidity, avoid excess inventory costs, and maintain a healthy balance between supply and demand.