Alliant Energy Corp (LNT)
Days of inventory on hand (DOH)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | 8.54 | 8.58 | 8.54 | 8.08 | 7.19 | — | 8.16 | 8.96 | 7.68 | 8.03 | 9.65 | 12.04 | 8.59 | 9.29 | 9.36 | 9.37 | 9.00 | 8.89 | 9.25 | 9.56 | |
DOH | days | 42.75 | 42.52 | 42.72 | 45.18 | 50.79 | — | 44.73 | 40.73 | 47.53 | 45.47 | 37.84 | 30.32 | 42.49 | 39.29 | 39.01 | 38.95 | 40.57 | 41.04 | 39.47 | 38.19 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.54
= 42.75
The days of inventory on hand (DOH) for Alliant Energy Corp have shown some fluctuations over the years. In the most recent period of December 31, 2024, the DOH stood at 42.75 days, which indicates the company held its inventory for an average of approximately 42.75 days before selling it. This suggests a moderate level of efficiency in managing inventory.
Looking at the trend over the last few quarters, we observe some variability in the DOH metric. There was a notable increase in DOH from September 30, 2022, to December 31, 2022, reaching a high of 47.53 days, which may imply slower inventory turnover during that period. However, there was a subsequent decrease in DOH by March 31, 2023, which indicates improvement in inventory management efficiency.
It is important to note the decrease in DOH from March 31, 2023 (40.73 days) to March 31, 2024 (45.18 days) before a slight improvement in the following quarter ending June 30, 2024 (42.72 days). This suggests potential challenges in optimizing inventory turnover during these periods.
Overall, the analysis indicates that Alliant Energy Corp may benefit from further monitoring and potentially improving its inventory management practices to ensure optimal efficiency in handling its inventory levels.
Peer comparison
Dec 31, 2024