Consolidated Edison Inc (ED)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		5.65	15.48	16.23	13.75	14.32
DOH	days	64.63	23.59	22.49	26.55	25.49

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.65
= 64.63

Based on the data provided for Consolidated Edison Inc's Days of Inventory on Hand (DOH) over the past five years, the company has shown fluctuations in managing its inventory levels efficiently.

- On December 31, 2020, the DOH was 25.49 days, indicating that, on average, the company held inventory for about 25.49 days before selling it.
- By December 31, 2021, the DOH increased slightly to 26.55 days, suggesting a slightly longer period of inventory holding compared to the previous year.
- The year 2022 saw a decrease in the DOH to 22.49 days, indicating improved inventory turnover efficiency compared to the previous year.
- Subsequently, by December 31, 2023, the DOH increased marginally to 23.59 days, still showing relative efficiency in managing inventory.
- However, on December 31, 2024, there was a significant spike in the DOH to 64.63 days, which could indicate potential issues in inventory management, such as overstocking or slowing sales.

Overall, while Consolidated Edison Inc has generally maintained a reasonable level of inventory turnover efficiency over the years, the significant increase in DOH in 2024 may warrant further investigation into the company's inventory management practices to address any potential concerns and optimize working capital utilization.