Vishay Intertechnology Inc (VSH)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 3.75 | 3.81 | 3.74 | 3.71 | 3.94 | 3.97 | 3.78 | 3.96 | 4.39 | 4.23 | 4.24 | 4.25 | 4.28 | 4.27 | 4.16 | 4.26 | 4.63 | 4.68 | 4.63 | 4.52 | |
| DOH | days | 97.36 | 95.91 | 97.60 | 98.39 | 92.64 | 91.93 | 96.48 | 92.24 | 83.24 | 86.24 | 86.03 | 85.81 | 85.21 | 85.50 | 87.72 | 85.76 | 78.90 | 78.06 | 78.85 | 80.83 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.75
= 97.36
The days of inventory on hand (DOH) for Vishay Intertechnology, Inc. have been relatively stable over the past eight quarters, ranging from 91.93 days to 98.39 days. This indicates that the company has maintained its inventory levels fairly consistently over this period.
The DOH figures suggest that, on average, Vishay Intertechnology holds inventory for around 95 to 97 days before selling it. A higher DOH value could imply slower inventory turnover and potential risk of obsolescence or carrying costs. Conversely, a lower DOH value may indicate efficient inventory management but could also result in stockouts or production interruptions.
Overall, monitoring the trend of DOH over time and comparing it to industry benchmarks can help assess Vishay Intertechnology's inventory management effectiveness and identify opportunities for improvement.
Peer comparison
Dec 31, 2023