Dominion Energy Inc (D)

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		4.27	4.34	4.28	4.36	4.38	5.07	4.66	4.96	5.29	4.80	5.06	5.04	4.45	4.44	4.54	4.69	4.43	4.67	4.31	4.93
DOH	days	85.43	84.18	85.18	83.72	83.28	71.93	78.37	73.66	68.99	76.03	72.08	72.46	82.02	82.23	80.36	77.88	82.35	78.22	84.70	74.02

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.27
= 85.43

The days of inventory on hand (DOH) for Dominion Energy Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The DOH indicates the average number of days that a company holds onto its inventory before selling it.

The trend in DOH for Dominion Energy Inc indicates that the company's inventory management has been relatively stable with minor variations in different quarters. The DOH ranged between a low of 68.99 days on December 31, 2022, and a high of 85.43 days on December 31, 2024.

On average, the company holds inventory for around 75 to 85 days, with occasional dips below 70 days seen in some quarters. This shows that Dominion Energy Inc generally manages its inventory efficiently, although there may have been periods with slightly elevated inventory levels.

It is important for stakeholders to closely monitor any significant changes in the DOH metric as it could indicate potential issues in inventory management that may impact the company's cash flow and operational efficiency. Overall, Dominion Energy Inc's DOH analysis suggests that the company has maintained a reasonable balance in managing its inventory levels over the analyzed period.