The AES Corporation (AES)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 16.80 | 14.28 | 9.54 | 13.96 | 15.11 | |
| DOH | days | 21.72 | 25.57 | 38.24 | 26.15 | 24.15 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 16.80
= 21.72
The Days of Inventory on Hand (DOH) ratio for The AES Corporation has shown some fluctuations over the last five years. In 2020, the DOH was 24.15 days, indicating that on average, the company held about 24 days' worth of inventory. This increased slightly to 26.15 days in 2021.
The ratio then saw a significant jump to 38.24 days in 2022, suggesting that the company was holding its inventory for a longer period compared to the previous year. In 2023, the DOH decreased to 25.57 days, indicating a reduction in the average number of days the inventory was held.
Finally, in 2024, there was a further decrease in the DOH to 21.72 days, indicating that the company was managing its inventory more efficiently, holding inventory for a shorter period compared to the previous year.
Overall, the trend in the Days of Inventory on Hand ratio for The AES Corporation shows some variability, with the company experiencing fluctuations in its inventory management practices over the past five years.