Entergy Corporation (ETR)
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 | 4.06 | 4.24 | 4.41 | 4.24 | 4.23 | 4.71 | 5.39 | 6.12 | 6.38 | 6.37 | 5.87 | 5.72 | 5.74 | 5.70 | 5.49 | 5.30 | 4.99 | 5.41 | 5.83 | 6.42 | |
DOH | days | 89.82 | 86.17 | 82.74 | 86.07 | 86.29 | 77.46 | 67.68 | 59.62 | 57.23 | 57.31 | 62.22 | 63.83 | 63.54 | 64.05 | 66.47 | 68.92 | 73.20 | 67.51 | 62.59 | 56.83 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.06
= 89.82
Entergy Corporation's days of inventory on hand (DOH) have shown fluctuations over the past few years, ranging from a low of 56.83 days on March 31, 2020, to a high of 89.82 days on December 31, 2024. Generally, a lower DOH indicates more efficient inventory management, as it implies that the company is able to sell its inventory quickly.
In the recent periods, there has been an overall upward trend in the DOH, with slight variations in between. From March 31, 2023, to June 30, 2024, the DOH increased significantly, reaching its peak at 89.82 days. This may indicate that Entergy Corporation experienced challenges in managing its inventory efficiently during this period.
However, it is worth noting that on September 30, 2022, there was a notable decrease in the DOH compared to the previous quarter, suggesting potential improvements in inventory management practices at that time.
Overall, monitoring the DOH trend can provide insights into how effectively Entergy Corporation is managing its inventory levels and operations efficiency.
Peer comparison
Dec 31, 2024