Edison International (EIX)

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		20.64	20.31	19.48	18.39	18.26	20.01	20.94	21.95	23.42	24.23	23.93	22.71	21.88	21.96	21.68	20.66	21.10	21.85	20.78	21.60
DOH	days	17.68	17.97	18.73	19.84	19.99	18.24	17.43	16.63	15.59	15.06	15.25	16.07	16.68	16.62	16.84	17.67	17.30	16.71	17.56	16.90

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 20.64
= 17.68

The Days of Inventory on Hand (DOH) for Edison International has shown some fluctuations over the periods analyzed. The DOH figures ranged from a low of 15.06 days on September 30, 2022, to a high of 19.99 days on December 31, 2023.

Overall, the trend indicates that there was a general increase in DOH from the second quarter of 2022 through the first quarter of 2024. This suggests that on average, the company held inventory for a longer period during these quarters.

Investors and stakeholders may want to examine the reasons behind the increase in DOH, as holding excess inventory can tie up capital and increase carrying costs. Moreover, a higher DOH may indicate potential inefficiencies in inventory management or changes in demand forecasting.

Further analysis is recommended to understand the drivers behind these fluctuations and whether they align with the company's strategic goals and industry norms.