GE Vernova LLC (GEV)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 3.98 | 3.49 | 3.28 | 3.39 | 3.95 | |
| DOH | days | 91.70 | 104.52 | 111.31 | 107.59 | 92.41 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 3.98
= 91.70
Based on the data provided, the days of inventory on hand (DOH) for GE Vernova LLC has shown some fluctuations over the five quarters.
- As of December 31, 2023, the company had 92.41 days of inventory on hand, indicating the number of days the company's inventory could cover based on its current sales rate.
- By March 31, 2024, the DOH increased to 107.59 days. This could suggest a buildup of inventory relative to sales, potentially tying up more financial resources.
- The trend continued, with the DOH rising to 111.31 days by June 30, 2024. A higher DOH may indicate inefficiencies in inventory management or slowing sales.
- However, by September 30, 2024, the DOH had decreased to 104.52 days, possibly showing efforts to reduce excess inventory levels or improve inventory turnover.
- Finally, as of December 31, 2024, the DOH decreased further to 91.70 days, potentially indicating a more efficient inventory management strategy or improved sales performance.
Overall, monitoring the DOH can provide insights into inventory management effectiveness, operational efficiency, and potential liquidity risks associated with tying up excess resources in inventory. It is essential for GE Vernova LLC to analyze the reasons behind these fluctuations and take appropriate actions to optimize its inventory levels in line with its business objectives.
Peer comparison
Dec 31, 2024