Eversource Energy (ES)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		13.79	13.92	18.37	19.11	16.82
DOH	days	26.47	26.21	19.86	19.10	21.70

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 13.79
= 26.47

Eversource Energy's days of inventory on hand (DOH) has shown a gradual decrease from 21.70 days as of December 31, 2020, to 19.10 days as of December 31, 2021, indicating a more efficient management of inventory during this period. However, there was a slight increase to 19.86 days as of December 31, 2022, which could be a signal of a potential shift in inventory management strategies.

The trend took a pronounced turn as the DOH spiked to 26.21 days as of December 31, 2023, followed by a further increase to 26.47 days as of December 31, 2024. This substantial rise in DOH suggests that Eversource Energy may be carrying excess inventory or facing challenges in managing and selling its inventory efficiently.

Overall, the trajectory of Eversource Energy's DOH indicates varying levels of efficiency in inventory management over the years, with a notable increase in the most recent periods, which warrants further investigation and scrutiny of the company's inventory practices.