SanDisk Corp (SNDK)

Days of inventory on hand (DOH)

		Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014	Dec 31, 2013	Sep 30, 2013	Jun 30, 2013	Mar 31, 2013	Dec 31, 2012	Sep 30, 2012	Jun 30, 2012	Mar 31, 2012	Dec 31, 2011	Sep 30, 2011	Jun 30, 2011
Inventory turnover		3.79	4.09	4.31	4.44	5.03	5.10	4.39	4.34	3.90	4.10	4.01	4.42	4.32	4.22	3.70	3.57	4.06	5.97	4.19	4.82
DOH	days	96.20	89.31	84.68	82.25	72.57	71.57	83.11	84.14	93.55	88.93	90.95	82.57	84.53	86.51	98.57	102.11	89.88	61.11	87.03	75.80

March 31, 2016 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.79
= 96.20

The days of inventory on hand (DOH) for SanDisk Corp have fluctuated over the period from June 30, 2011, to March 31, 2016. DOH represents how many days a company takes to turn its inventory into sales.

Initially, SanDisk Corp had 75.80 days of inventory on hand on June 30, 2011. The DOH increased to a peak of 102.11 days on June 30, 2012, which indicates a longer time taken to sell inventory. Subsequently, there was a slight decrease in DOH until December 31, 2012, followed by a rise in DOH again.

The trend continued with fluctuations in DOH, occasionally decreasing but then rising again. However, there was a general downward trend in DOH from December 31, 2014, to March 31, 2015. This suggests that SanDisk Corp was managing its inventory more efficiently during that period.

From September 30, 2015, to March 31, 2016, the DOH increased, indicating a potential issue with inventory management efficiency. Overall, a lower DOH is preferred as it signifies that inventory turnover is occurring at a faster rate, implying more efficient management of inventory levels. It would be important for SanDisk Corp to closely monitor and potentially improve its inventory management practices to optimize its operations and financial performance.