Alliant Energy Corp (LNT)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | 7.46 | 6.69 | 7.68 | 8.59 | 9.00 | |
DOH | days | 48.92 | 54.60 | 47.53 | 42.49 | 40.56 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 7.46
= 48.92
The days of inventory on hand (DOH) for Alliant Energy Corp have shown a consistent increasing trend over the years, reflecting a longer period of time taken to sell their inventory. From 40.56 days in December 2020, the DOH increased to 42.49 days in December 2021, further rising to 47.53 days in December 2022. Subsequently, there was a significant increase to 54.60 days by December 2023, followed by a slight decrease to 48.92 days by December 2024.
This upward trend in DOH could indicate potential issues such as overstocking, slowing sales, or inefficiencies in inventory management. It is essential for Alliant Energy Corp to closely monitor and possibly optimize their inventory levels to ensure efficient operations and maintain profitability.
Peer comparison
Dec 31, 2024