Vir Biotechnology Inc (VIR)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | 7.66 | — | — | |
| DOH | days | — | — | 47.62 | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Given that the days of inventory on hand (DOH) data for Vir Biotechnology Inc is not available in the table provided, we are unable to perform a detailed analysis of the trend over the specified years. However, DOH is a crucial metric that indicates the average number of days the company holds inventory before selling it.
Typically, a lower DOH suggests efficient inventory management and faster inventory turnover, which can reduce carrying costs and improve cash flow. Conversely, a higher DOH may indicate excess or obsolete inventory, leading to potential liquidity issues and reduced profitability.
For a more comprehensive analysis of Vir Biotechnology Inc's inventory management performance, additional data or context regarding inventory levels, cost of goods sold, and industry benchmarks would be necessary. This information would enable a deeper assessment of the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2023