Sarepta Therapeutics Inc (SRPT)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		1.59	2.23	1.55	1.37	1.67
DOH	days	229.38	163.73	236.12	265.80	218.98

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.59
= 229.38

The days of inventory on hand (DOH) for Sarepta Therapeutics Inc has shown fluctuations over the past five years. In 2023, the DOH stands at 229.38 days, which represents an increase from the previous year's figure of 163.73 days. This suggests that the company is holding inventory for a longer period in 2023 compared to 2022, indicating potential inefficiencies in inventory management.

Looking back, in 2021, Sarepta Therapeutics Inc saw a DOH of 236.12 days, which was higher than the DOH in 2020 (265.80 days) and in 2019 (218.98 days). This implies that the company had made improvements in managing its inventory in the prior year but regressed in 2021.

Overall, the trend in Sarepta Therapeutics Inc's DOH indicates some inconsistency in inventory management efficiency over the past five years, with fluctuations that may impact the company's working capital management and operational performance. Further analysis of the company's inventory turnover ratio and industry benchmarks would provide additional insights into its inventory management practices.