Vir Biotechnology Inc (VIR)

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		—	—	—	—	—	0.95	185.14	—	—	—	—	—	23.36	23.58	32.32	33.19	—	—	—	—
DOH	days	—	—	—	—	—	384.71	1.97	—	—	—	—	—	15.63	15.48	11.29	11.00	—	—	—	—

December 31, 2024 calculation

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

The days of inventory on hand (DOH) for Vir Biotechnology Inc has shown fluctuations over the periods provided. As of March 31, 2021, the DOH was 11.00 days, which indicates that, on average, the company held inventory for approximately 11 days before selling it. This number slightly increased to 11.29 days by June 30, 2021.

However, there was a noticeable jump in DOH by September 30, 2021, where it reached 15.48 days, suggesting that the company was holding inventory for a longer period before turning it into sales. This trend continued to December 31, 2021, with DOH at 15.63 days.

The following periods showed a decline in DOH, indicating a more efficient management of inventory. For instance, by June 30, 2023, the DOH had dropped significantly to 1.97 days, reflecting a faster cycle of inventory turnover.

A notable anomaly occurred on September 30, 2023 with DOH skyrocketing to 384.71 days, which could be attributed to certain factors such as changes in production or sales patterns.

It is important to consider the reasons behind the fluctuations in DOH to assess the effectiveness of inventory management practices and the company's overall operational efficiency. Monitoring and analyzing this metric can provide insights into the company's inventory levels, sales trends, and potential risks or opportunities.