Super Micro Computer Inc (SMCI)

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	Jun 30, 2020	Mar 31, 2020
Inventory turnover		5.07	3.31	2.98	2.41	3.14	2.97	4.04	3.49	3.84	2.88	2.84	2.50	2.58	2.77	2.90	3.18	3.39	3.59	3.30	3.19
DOH	days	72.00	110.25	122.34	151.57	116.39	122.79	90.34	104.60	94.99	126.58	128.33	146.00	141.32	131.61	125.69	114.88	107.63	101.73	110.48	114.44

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.07
= 72.00

Super Micro Computer Inc's Days of Inventory on Hand (DOH) has exhibited some fluctuations over the years based on the provided data. The trend shows a general increase in DOH from the end of 2020 through the first half of 2022, reaching a peak of 146.00 days on March 31, 2022. This increase may indicate possible inefficiencies in the company's inventory management during this period.

However, there was a notable decrease in DOH in the second half of 2022 and the first half of 2023, suggesting improvements in inventory turnover efficiency. The DOH decreased to 90.34 days on June 30, 2023, highlighting a more streamlined inventory management process.

Subsequently, the DOH increased again in the latter half of 2023 and the first half of 2024, reaching a peak of 151.57 days on March 31, 2024. This rise may raise concerns about excess inventory levels or slower inventory turnover during this period.

Finally, there was a significant decline in DOH to 72.00 days by the end of 2024, indicating a potentially more efficient inventory management strategy or a reduction in excess inventory.

Overall, Super Micro Computer Inc should continue monitoring and assessing its inventory levels and turnover rates to optimize its working capital efficiency and ensure effective inventory management in the future.