Vicor Corporation (VICR)
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 | 2.57 | 2.55 | 2.51 | 2.49 | 2.68 | 2.86 | 2.85 | 2.86 | 3.01 | 3.09 | 3.28 | 3.51 | 3.72 | 3.83 | 4.26 | 4.37 | 3.99 | 3.76 | 3.81 | 3.84 | |
| DOH | days | 142.29 | 142.95 | 145.52 | 146.86 | 136.06 | 127.56 | 128.13 | 127.62 | 121.42 | 118.05 | 111.36 | 104.11 | 98.00 | 95.38 | 85.74 | 83.56 | 91.52 | 97.17 | 95.90 | 94.94 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.57
= 142.29
Vicor Corporation's days of inventory on hand (DOH) have shown an increasing trend over the periods from March 31, 2020, to December 31, 2024. The DOH ranged from 94.94 days on March 31, 2020, to 142.29 days on December 31, 2024.
The upward trend in DOH indicates that Vicor Corporation is taking longer to sell its inventory, which could be a concern as it ties up more cash in inventory. A high DOH may suggest inefficiencies in inventory management, such as overstocking or slow-moving inventory.
It is essential for Vicor Corporation to monitor and analyze its inventory levels regularly to ensure they are not unnecessarily high, leading to increased carrying costs and potential obsolescence risks. Effective inventory management practices, such as optimizing ordering quantities and improving demand forecasting, could help in reducing the DOH and enhancing the company's financial performance.
Peer comparison
Dec 31, 2024