Sandisk Corp (SNDK)
Days of inventory on hand (DOH)
Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Dec 31, 2015 | ||
---|---|---|---|---|---|---|
Inventory turnover | 2.47 | 2.86 | 2.49 | 3.27 | 4.09 | |
DOH | days | 147.55 | 127.63 | 146.43 | 111.69 | 89.31 |
June 30, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.47
= 147.55
The days of inventory on hand (DOH) for Sandisk Corp has exhibited notable fluctuations over the observed periods. As of December 31, 2015, the company maintained an average of approximately 89.31 days of inventory, indicating a relatively efficient inventory turnover at that time. By June 30, 2022, the DOH increased to approximately 111.69 days, reflecting a moderate lengthening in the inventory holding period, possibly due to changes in supply chain dynamics or product mix adjustments.
The trend continued upward significantly, with DOH reaching approximately 146.43 days by June 30, 2023. This substantial increase suggests that inventory was held for an extended period, which could indicate slower sales velocity, strategic inventory buildup, or industry-specific factors affecting inventory management. It may also point to potential challenges in aligning inventory levels with demand forecasts.
In the subsequent year, the DOH decreased to approximately 127.63 days as of June 30, 2024, indicating an improvement in inventory turnover or a strategic reduction in inventory holdings. However, it remains elevated relative to the 2015 level, implying ongoing inventory management considerations.
Looking forward to June 30, 2025, the projected DOH increases again to approximately 147.55 days, highlighting a renewed trend of extended inventory holding periods. This cyclical pattern suggests underlying operational or market factors influencing inventory levels, which could include industry growth, product lifecycle considerations, or supply chain complexities.
Overall, the progression of Sandisk Corp’s DOH demonstrates a trend toward longer inventory periods over the analyzed time frame, with noticeable fluctuations that may warrant further investigation into inventory management strategies and sales performance dynamics.
Peer comparison
Jun 30, 2025