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.
Peer comparison
Dec 31, 2024