NRG Energy Inc. (NRG)

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		48.63	49.75	47.31	46.17	39.13	36.04	39.18	57.22	43.87	34.71	36.90	37.81	20.00	19.94	17.26	19.11	19.07	19.90	19.81	18.86
DOH	days	7.51	7.34	7.71	7.90	9.33	10.13	9.32	6.38	8.32	10.51	9.89	9.65	18.25	18.31	21.14	19.10	19.14	18.34	18.42	19.35

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 48.63
= 7.51

To analyze NRG Energy Inc.'s days of inventory on hand (DOH) over the past eight quarters, the trend indicates a fluctuating pattern. In Q1 2022, the company had the lowest DOH of 6.92 days, indicating efficient management of inventory. Subsequently, there was an increase to 10.22 days in Q2 2022, which further rose to 10.98 days in Q3 2022.

However, a positive trend emerged in the second half of 2022 with a gradual decline in DOH. By Q1 2023, the DOH decreased to 8.42 days, suggesting improved inventory management compared to the previous quarters in 2022.

In Q2 and Q4 2023, the DOH remained relatively stable, around 8.26 to 8.27 days, indicating a consistent inventory management approach during these periods. Overall, the company's DOH has shown some variability but seems to have stabilized around the 8 to 9 days range in recent quarters.