Entergy Corporation (ETR)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | 3.42 | 4.23 | 6.38 | 5.74 | 4.98 | |
DOH | days | 106.83 | 86.29 | 57.23 | 63.54 | 73.26 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.42
= 106.83
The days of inventory on hand (DOH) for Entergy Corporation has shown a fluctuating trend over the past five years, based on the provided data.
As of December 31, 2020, Entergy had 73.26 days of inventory on hand, indicating that the company held inventory for approximately 73 days before selling it. By December 31, 2021, the DOH had decreased to 63.54 days, suggesting improved efficiency in managing inventory levels.
Further improvement was seen by December 31, 2022, with the DOH decreasing to 57.23 days, indicating that Entergy was holding inventory for a shorter period, potentially leading to reduced carrying costs and better cash flow management.
However, there was a notable increase in the DOH by December 31, 2023, to 86.29 days, and a significant spike by December 31, 2024, reaching 106.83 days. These higher DOH figures may imply challenges in inventory management, potentially indicating overstocking, slow-moving inventory, or disruptions in the supply chain.
Overall, Entergy Corporation has displayed fluctuations in its days of inventory on hand in the past five years, highlighting the importance of closely monitoring and efficiently managing inventory levels to optimize operational performance and financial health.
Peer comparison
Dec 31, 2024