Clearway Energy Inc Class C (CWEN)

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		8.60	8.31	8.25	8.47	9.26	9.48	12.15	12.34	12.19	10.12	9.37	8.91	8.71	8.74	8.68	8.46	8.42	7.56	6.63	8.02
DOH	days	42.44	43.93	44.22	43.10	39.44	38.51	30.03	29.57	29.94	36.07	38.95	40.98	41.89	41.77	42.04	43.13	43.32	48.29	55.03	45.48

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.60
= 42.44

Clearway Energy Inc's days of inventory on hand (DOH) has been fluctuating over the past 8 quarters. In Q4 2023, the company held inventory for an average of 42.44 days, which decreased slightly compared to the previous quarter (Q3 2023) where it was 43.93 days. However, when compared to the same quarter in the previous year (Q4 2022), there has been an increase from 39.44 days.

Overall, the trend in DOH for Clearway Energy Inc has shown some volatility, with periods of slight increases and decreases. The company's inventory management efficiency may need closer monitoring to ensure optimal levels and minimize any negative impact on the company's operations and financial performance.