Entergy Corporation (ETR)

Days of inventory on hand (DOH)

		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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018
Inventory turnover		2.03	2.17	2.23	2.21	2.31	2.26	2.30	2.82	2.82	2.86	2.98	2.65	2.85	3.20	3.31	3.45	3.77	3.76	4.37	4.95
DOH	days	179.55	168.33	163.57	164.90	158.18	161.69	158.44	129.27	129.59	127.51	122.29	137.49	128.07	113.89	110.22	105.76	96.93	97.03	83.57	73.67

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.03
= 179.55

To analyze Entergy Corp.'s days of inventory on hand (DOH) over the specified quarters, we observe a fluctuating trend. In Q4 2023, the DOH increased significantly to 156.06 days compared to the previous quarter's 131.17 days in Q3 2023. This sharp rise indicates that Entergy Corp. held inventory for a longer period in Q4 2023.

Further back, in Q2 2023, the DOH was 108.07 days, which reflects a notable reduction from Q3 2023. The trend continues as we track a decreasing pattern from Q2 2023 to Q1 2023, where the DOH was 93.71 days.

Comparing the results to the same quarter in the prior year, we see an improvement in inventory management efficiency as Q4 2023's DOH (156.06 days) was higher than Q4 2022's DOH (91.76 days). This significant increase suggests a potential buildup of inventory levels or slower inventory turnover in the most recent quarter.

Overall, tracking the DOH over the quarters provides insights into Entergy Corp.'s inventory management practices and highlights fluctuations that may influence the company's working capital and operational efficiency.