Vir Biotechnology Inc (VIR)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		—	—	—	7.66	—
DOH	days	—	—	—	47.62	—

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The Days of Inventory on Hand (DOH) for Vir Biotechnology Inc as of December 31, 2020, is not available as indicated by "— days". However, as of December 31, 2021, the company had 47.62 days of inventory on hand. The DOH for the subsequent years, 2022, 2023, and 2024, are also not available as indicated by "— days".

The DOH ratio measures the number of days a company takes to sell its inventory. A lower DOH indicates more efficient inventory management as it shows that the company is selling its inventory quickly. On the other hand, a higher DOH suggests slower inventory turnover, which could lead to potential issues like obsolescence, storage costs, or declining demand for products.

It is important for Vir Biotechnology Inc to monitor its DOH to ensure optimal inventory management, balancing the need to have enough inventory to meet demand without carrying excess inventory that could tie up capital. Further analysis and trend monitoring in future periods will provide a more comprehensive view of the company's inventory management efficiency.