Supernus Pharmaceuticals Inc (SUPN)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		7.40	0.00	5.11	4.45	5.33
DOH	days	49.31	—	71.48	82.04	68.52

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.40
= 49.31

The Days of Inventory on Hand (DOH) ratio for Supernus Pharmaceuticals Inc has fluctuated over the years. In December 2020, the company had an inventory turnover cycle of 68.52 days, indicating it took about 68.52 days to convert inventory into sales. By the end of December 2021, the DOH increased to 82.04 days, suggesting a longer time to sell inventory.

In December 2022, the DOH ratio decreased to 71.48 days, showing some improvement in managing inventory levels. However, the data for December 31, 2023, is missing, which may indicate a lack of available information for that period.

By December 31, 2024, the company significantly improved its inventory management, with the DOH ratio decreasing to 49.31 days. This indicates that Supernus Pharmaceuticals Inc was able to turn over its inventory more quickly, potentially leading to lower carrying costs and improved liquidity.

Overall, monitoring the DOH ratio can provide insights into the company's inventory management efficiency, helping stakeholders assess how effectively Supernus Pharmaceuticals Inc is utilizing its inventory to generate sales.