Evergy, Inc. (EVRG)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		1.11	4.92	4.80	5.21	5.01
DOH	days	329.14	74.18	76.05	70.00	72.92

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.11
= 329.14

Based on the provided data for Evergy, Inc.'s Days of Inventory on Hand (DOH) over the period from December 31, 2020, to December 31, 2024, we observe the following trend:

1. In December 2020, the company had 72.92 days of inventory on hand.
2. By December 2021, the DOH decreased slightly to 70.00 days, indicating a potential improvement in inventory management efficiency.
3. However, the trend reversed in December 2022 as the DOH increased to 76.05 days, suggesting a potential buildup of inventory relative to sales.
4. This trend continued in December 2023, with the DOH at 74.18 days, indicating that the company might be carrying excess inventory.
5. Notably, there was a significant spike in the DOH in December 2024, reaching 329.14 days, which could be an anomalous data point or indicative of a substantial issue in inventory management, potentially leading to obsolescence or overstocking.

In summary, Evergy, Inc.'s Days of Inventory on Hand fluctuated over the period, with some variations raising potential concerns about inventory management practices. Further investigation into the reasons behind these fluctuations and the impacts on the company's operations and financial performance would be warranted.