Consolidated Edison Inc (ED)

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 13.69 13.92 14.60 15.60 15.48 17.17 18.32 19.17 16.23 13.53 15.06 15.77 13.75 14.37 15.59 15.91 14.32 14.57 15.73 15.92
DOH days 26.66 26.21 25.00 23.40 23.59 21.26 19.92 19.04 22.49 26.97 24.23 23.14 26.54 25.40 23.41 22.94 25.49 25.05 23.21 22.92

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 13.69
= 26.66

The days of inventory on hand (DOH) for Consolidated Edison Inc has shown some fluctuations over the analyzed period. The DOH ranged from a low of 19.04 days on March 31, 2023, to a high of 26.97 days on September 30, 2022.

It is worth noting that in general, the trend in DOH has been slightly increasing over time, indicating that the company may be carrying inventory for a longer period before selling it. This could suggest a potential risk of obsolescence or excess inventory that may impact the company's liquidity and profitability.

However, the DOH metric alone may not provide a complete picture of the efficiency of the company's inventory management. Further analysis and comparison with industry benchmarks or historical data could provide more insights into the effectiveness of Consolidated Edison Inc's inventory management practices.