California Water Service Group (CWT)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		2.33	26.67	25.23	32.29	34.51
DOH	days	156.98	13.69	14.47	11.31	10.58

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.33
= 156.98

The days of inventory on hand (DOH) for California Water Service Group has shown fluctuations over the years. The DOH was relatively stable around 10-11 days from 2020 to 2022, indicating that the company had an efficient inventory management system during that period.

However, there was a significant spike in the DOH to 156.98 days as of December 31, 2024. This sharp increase suggests that inventory levels drastically increased relative to sales during that year, which could indicate potential issues with inventory management, such as overstocking or obsolescence.

It would be advisable for California Water Service Group to closely examine the reasons behind this sudden surge in DOH and take appropriate actions to optimize their inventory levels to ensure efficient operations and profitability in the future.