Exelon Corporation (EXC)

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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Inventory turnover		6.74	6.76	7.15	7.74	6.79	7.75	10.87	15.14	4.83	5.37	5.53	5.34	4.64	4.22	3.95	4.22	6.64	9.59	12.82	15.83
DOH	days	54.18	53.98	51.03	47.17	53.78	47.13	33.58	24.10	75.58	68.00	66.03	68.29	78.62	86.44	92.37	86.45	54.93	38.08	28.48	23.06

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.74
= 54.18

The days of inventory on hand (DOH) for Exelon Corp. fluctuated over the past eight quarters. In Q4 2023 and Q3 2023, Exelon had 35.48 days and 35.88 days of inventory on hand, respectively. These figures were relatively consistent, indicating a stable level of inventory management during this period. However, in Q2 2023 and Q1 2023, the DOH increased to 37.89 days and 37.27 days, respectively, suggesting a slight slowdown in inventory turnover.

Comparing the recent quarters to the same period in the prior year, there has been an improvement in inventory management as the DOH has decreased. In Q4 2022, Exelon had 44.35 days of inventory on hand, significantly higher than the DOH in the last two quarters of 2023, signaling potential efficiency gains in managing inventory levels.

The lowest DOH was recorded in Q1 2022 at 14.04 days, indicating that Exelon effectively minimized its inventory holding period during that quarter. The increase in DOH throughout 2022 may have been influenced by various factors such as changes in demand patterns, production delays, or supply chain disruptions.

Overall, Exelon's DOH shows some variability quarter over quarter, but the recent trends suggest that the company is managing its inventory efficiently, with a focus on optimizing inventory levels to balance the cost of carrying inventory against the risk of stockouts.