Duke Energy Corporation (DUK)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		0.13	3.57	4.41	4.06	3.79
DOH	days	2,912.89	102.36	82.84	89.80	96.23

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 0.13
= 2,912.89

Duke Energy Corporation's days of inventory on hand (DOH) have demonstrated variability over the past five years. The DOH was 96.23 days as of December 31, 2020, which decreased to 89.80 days by December 31, 2021. Subsequently, the DOH further decreased to 82.84 days by December 31, 2022, indicating a trend of efficient inventory management.

However, there was a significant spike in the DOH to 102.36 days by December 31, 2023, which suggests potential issues with inventory control or demand forecasting during that period. Notably, by December 31, 2024, the DOH skyrocketed to an unusually high 2,912.89 days, which could indicate data reporting errors or extreme fluctuations in inventory levels.

Overall, Duke Energy Corporation's DOH shows fluctuations and spikes, highlighting the importance of consistently monitoring inventory management practices to maintain operational efficiency and financial stability.