OGE Energy Corporation (OGE)

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		11.72	13.47	11.23	10.18	9.89	13.55	17.01	17.09	20.54	24.89	21.91	24.35	65.20	17.35	14.60	59.46	9.45	8.94	8.04	8.05
DOH	days	31.14	27.11	32.51	35.85	36.91	26.93	21.46	21.36	17.77	14.66	16.66	14.99	5.60	21.03	25.00	6.14	38.62	40.84	45.43	45.33

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 11.72
= 31.14

Based on the data provided for OGE Energy Corporation's days of inventory on hand (DOH) over several reporting periods, we observe fluctuations in the efficiency of managing inventory levels. The DOH trend indicates the number of days it takes for the company to sell its current inventory.

In March 2020, OGE Energy Corporation had 45.33 days of inventory on hand, which decreased slightly to 45.43 days in June 2020. The DOH then decreased notably to 40.84 days by September 2020, indicating a potential improvement in inventory turnover efficiency.

By December 2020, the company's DOH further decreased to 38.62 days, suggesting a more efficient inventory management strategy. However, there was a significant decline in DOH to 6.14 days by March 2021, which may signify aggressive inventory control measures or changes in sales patterns.

The trend continued to fluctuate with DOH reaching 25.00 days in June 2021 and further dropping to 5.60 days by December 2021. Such large fluctuations could indicate changes in demand, production, or supply chain disruptions impacting inventory levels and turnover.

From March 2022 to December 2024, OGE Energy Corporation experienced varying levels of DOH ranging from 14.66 days to 36.91 days. These fluctuations could be attributable to seasonal factors, operational changes, or strategic inventory management decisions.

Overall, the analysis of OGE Energy Corporation's DOH reveals a mix of inventory management practices and potential areas for further optimization to enhance operational efficiency and working capital management. Tracking DOH over time can provide insights into the company's inventory utilization and efficiency in meeting customer demand while minimizing holding costs.