Clearway Energy Inc Class C (CWEN)

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 7.83 7.79 8.17 8.47 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
DOH days 46.63 46.83 44.69 43.12 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

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.83
= 46.63

Clearway Energy Inc Class C's days of inventory on hand (DOH) shows how many days, on average, a company holds onto its inventory before selling it. A lower DOH value indicates that the company is efficient in managing its inventory levels.

Analyzing the DOH data provided, we can see fluctuations in Clearway Energy Inc Class C's inventory holding period over the quarters. The trend shows a general decline in DOH from 43.13 days on March 31, 2020, to a low of 29.57 days on March 31, 2022. This improvement suggests that the company may have optimized its inventory management, leading to quicker turnover and potentially lower storage costs.

However, the DOH increased in the following quarters, reaching 46.83 days on September 30, 2024. This uptick could indicate challenges in sales, production, or inventory control during that period.

Overall, monitoring the DOH trend can provide insights into Clearway Energy Inc Class C's efficiency in managing its inventory levels. A stable or decreasing trend is generally preferable, indicating effective inventory management strategies.