GE Aerospace (GE)
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 | 1.33 | 1.35 | 1.42 | 1.51 | 1.80 | 1.46 | 2.21 | 3.16 | 3.99 | 3.85 | 3.96 | 4.28 | 4.66 | 5.48 | 5.55 | 5.93 | 5.66 | 5.21 | 4.22 | 3.17 | |
| DOH | days | 274.54 | 269.57 | 256.36 | 242.25 | 203.12 | 249.74 | 165.48 | 115.59 | 91.43 | 94.73 | 92.27 | 85.30 | 78.27 | 66.58 | 65.77 | 61.56 | 64.44 | 69.99 | 86.52 | 115.17 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.33
= 274.54
The days of inventory on hand (DOH) for General Electric Co. have fluctuated over the past eight quarters. In Q4 2023, the company had 119.72 days of inventory on hand, a slight decrease from 120.71 days in Q3 2023. This indicates that the company was able to sell its inventory slightly faster in Q4 compared to Q3.
Looking back further, the DOH was relatively high in Q2 and Q3 of 2023 at 115.78 days and 117.65 days respectively, suggesting that the company may have been holding onto inventory for a longer period during that time. The lowest DOH in the given period was in Q1 2022 at 112.39 days, reflecting a more efficient management of inventory during that quarter.
Overall, the trend of DOH for General Electric Co. shows some variability, indicating potential changes in inventory management practices or fluctuations in demand for the company's products. It is important to monitor the DOH metric continuously to ensure optimal inventory management and efficiency within the organization.
Peer comparison
Dec 31, 2023
See also:
GE Aerospace Average Inventory Processing Period (Quarterly Data)