NRG Energy Inc. (NRG)
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 | 50.27 | 46.03 | 38.59 | 40.57 | 42.61 | 46.01 | 44.27 | 43.34 | 36.55 | 33.17 | 35.59 | 52.44 | 41.16 | 34.00 | 36.90 | 37.81 | 20.00 | 19.94 | 17.26 | 19.11 | |
DOH | days | 7.26 | 7.93 | 9.46 | 9.00 | 8.57 | 7.93 | 8.24 | 8.42 | 9.99 | 11.00 | 10.26 | 6.96 | 8.87 | 10.74 | 9.89 | 9.65 | 18.25 | 18.31 | 21.14 | 19.10 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 50.27
= 7.26
The days of inventory on hand (DOH) for NRG Energy Inc. has shown some fluctuations over the past few years.
From March 31, 2020, to June 30, 2022, the DOH gradually decreased from 19.10 days to 10.26 days, indicating an improvement in inventory management efficiency. This decreasing trend suggests that the company was able to turn over its inventory more quickly during this period.
However, from June 30, 2022, to December 31, 2024, the DOH increased again to 7.26 days. This uptrend suggests that NRG Energy Inc. may have experienced challenges in managing its inventory efficiently or may have experienced a change in its inventory turnover patterns.
Overall, while the company displayed a positive trend in managing its inventory efficiently in the early years of the analyzed period, there was a reversal in this trend towards the end of the period. Further analysis may be warranted to understand the factors contributing to these changes and to assess the effectiveness of the company's inventory management strategies.
Peer comparison
Dec 31, 2024