Silicon Laboratories Inc (SLAB)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		2.58	1.66	3.80	5.99	4.51
DOH	days	141.66	220.47	96.06	60.91	80.85

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.58
= 141.66

The days of inventory on hand (DOH) for Silicon Laboratories Inc has shown some fluctuations over the years. In December 31, 2020, Silicon Laboratories had 80.85 days worth of inventory on hand, indicating the number of days the company held inventory before selling it. By December 31, 2021, the DOH decreased to 60.91 days, potentially suggesting more efficient management of inventory or increased sales turnover.

However, the trend reversed in the following years, as the DOH increased to 96.06 days by December 31, 2022, then significantly spiked to 220.47 days by December 31, 2023. This sharp increase may point to potential inventory management issues, overstocking, or slowing sales.

In the most recent data point, by December 31, 2024, the DOH had reduced to 141.66 days, indicating a potential effort to address the high inventory levels seen in the previous year. Overall, Silicon Laboratories Inc's DOH trend suggests fluctuations in inventory management efficiency over the years, and it may be crucial for the company to closely monitor and optimize its inventory levels to maintain a healthy balance between inventory holding costs and sales activity.