Avista Corporation (AVA)

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		7.85	8.15	8.52	8.04	6.48	7.30	6.27	7.29	6.83	5.36	5.82	7.19	5.87	5.16	5.15	6.39	5.91	5.68	6.11	7.62
DOH	days	46.52	44.78	42.82	45.41	56.35	49.99	58.24	50.07	53.41	68.09	62.67	50.76	62.21	70.79	70.88	57.13	61.78	64.27	59.72	47.89

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.85
= 46.52

Based on the provided data, Avista Corporation's days of inventory on hand (DOH) has fluctuated over the period from March 31, 2020, to December 31, 2024. The DOH measures the average number of days it takes for the company to sell its inventory.

From the data, we observe that Avista's DOH ranged from a low of 42.82 days on June 30, 2024, to a high of 70.88 days on June 30, 2021. The company seems to have higher DOH figures in the middle of the year across multiple years, suggesting potential seasonal fluctuations in inventory management.

Overall, Avista's DOH trend shows some variability, indicating potential changes in inventory management practices or sales patterns. It is important for the company to monitor its inventory levels closely to ensure optimal efficiency and cost management in its operations. Further analysis and comparison with industry benchmarks could provide more insights into the effectiveness of Avista's inventory management strategies.