Alliant Energy Corp (LNT)

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		4.06	4.26	4.57	4.92	4.23	4.52	5.57	7.14	5.34	5.97	6.15	5.97	5.49	5.27	5.23	5.41	6.19	7.18	8.85	12.02
DOH	days	89.81	85.68	79.86	74.21	86.21	80.84	65.57	51.12	68.39	61.11	59.36	61.11	66.45	69.30	69.74	67.46	58.97	50.81	41.26	30.37

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.06
= 89.81

The days of inventory on hand (DOH) for Alliant Energy Corp. have shown a fluctuating trend over the past eight quarters. In Q4 2023, the company reported a DOH of 77.38 days, up from the previous quarter's 69.92 days. This increase may suggest a buildup of inventory relative to sales activity.

Comparing to historical data, the current DOH figure is higher than the average in the prior quarters, indicating a potential inefficiency in managing inventory levels. The peak in Q4 2023 follows a general upward trend since Q1 2022.

A significant increase in DOH may tie up capital in excess inventory, leading to increased holding costs and potentially signaling challenges in forecasting demand accurately. Monitoring future DOH trends will be essential to assess the company's inventory management effectiveness and operational efficiency.