Lumen Technologies Inc (LUMN)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		45.91	34.18	33.34	88.42	85.09
DOH	days	7.95	10.68	10.95	4.13	4.29

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 45.91
= 7.95

The Days of Inventory on Hand (DOH) for Lumen Technologies Inc over the past years have shown fluctuations.

In December 31, 2020, the company had 4.29 days of inventory on hand, which decreased slightly to 4.13 days in December 31, 2021. This indicates that the company was able to manage its inventory efficiently.

However, there was a significant increase in inventory holding days in the subsequent years. By December 31, 2022, the DOH rose to 10.95 days, and further increased to 10.68 days by December 31, 2023. This suggests that the company might be facing challenges in managing its inventory levels, potentially leading to higher carrying costs and tying up capital in excess inventory.

The DOH decreased to 7.95 days by December 31, 2024, which could indicate improvements in inventory management efficiency compared to the prior years.

Overall, the trend in the Days of Inventory on Hand for Lumen Technologies Inc shows fluctuations, and it would be important for the company to closely monitor and optimize its inventory levels to enhance operational efficiency and profitability.