Vishay Intertechnology Inc (VSH)
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 | 3.35 | 3.38 | 3.51 | 3.62 | 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 | |
| DOH | days | 108.87 | 107.96 | 104.06 | 100.80 | 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 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.35
= 108.87
Vishay Intertechnology Inc's days of inventory on hand (DOH) has shown a fluctuating trend over the period analyzed. The DOH increased from 85.76 days as of March 31, 2020, to a peak of 108.87 days by December 31, 2024, indicating that the company is holding inventory for a longer period towards the end of the period.
The highest level of inventory days on hand was recorded on December 31, 2024 (108.87 days), reflecting a potential risk of excess or slow-moving inventory. This could tie up financial resources and reduce the company's liquidity. Conversely, the lowest DOH was observed on December 31, 2021 (83.24 days), indicating better inventory management efficiency.
Overall, the increasing trend in DOH from 2020 to 2024 suggests that Vishay Intertechnology Inc may need to focus on optimizing its inventory management processes to prevent overstocking and improve cash flow. An excessively high DOH can also indicate potential issues such as obsolete inventory or declining sales, which could impact the company's profitability and competitiveness in the market.
Peer comparison
Dec 31, 2024