Exelon Corporation (EXC)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		7.19	7.32	5.72	5.66	4.76
DOH	days	50.77	49.87	63.85	64.54	76.60

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.19
= 50.77

Exelon Corp.'s days of inventory on hand (DOH) has shown variability over the past five years. The trend in DOH indicates that the company has been able to manage its inventory levels efficiently, with a decreasing trend observed from 2018 to 2021, followed by a slight increase in 2022 and a decrease again in 2023.

A lower DOH value suggests that Exelon is selling its inventory at a faster rate, which can be seen as a positive sign of inventory management efficiency. The decrease in DOH from 2020 to 2021 indicates that the company may have improved its inventory turnover and reduced excess inventory levels.

Overall, the variability in Exelon's DOH over the years may be attributed to changes in the company's inventory management strategies, market demand fluctuations, or operational efficiencies. It is essential for Exelon to continue monitoring and optimizing its inventory levels to ensure efficient operations and profitability.