United Therapeutics Corporation (UTHR)

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 1.96 2.08 2.14 2.31 2.30 2.32 2.03 1.71 1.46 1.40 1.31 1.42 1.31 1.27 1.32 1.17 1.25 1.16 1.24 1.22
DOH days 186.09 175.67 170.74 157.76 158.47 157.05 179.97 213.66 250.37 260.71 278.32 256.72 279.49 287.66 275.74 312.47 292.07 314.24 294.69 300.09

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.96
= 186.09

United Therapeutics Corporation's days of inventory on hand (DOH) has shown fluctuations over the past few years. The company experienced a peak DOH of 314.24 days on September 30, 2020, indicating a longer period to sell through its inventory. Subsequently, there was a gradual decline in DOH, reaching a low of 157.05 days on September 30, 2023, suggesting a more efficient management of inventory levels.

However, there was a slight increase in DOH to 186.09 days on December 31, 2024, indicating a potential buildup of inventory. Overall, it is important for United Therapeutics to closely monitor its inventory management practices to ensure optimal levels that support operational efficiency and profitability.