PG&E Corp (PCG)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		16.85	5.18	7.80	3.16	3.34
DOH	days	21.67	70.52	46.82	115.58	109.27

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 16.85
= 21.67

The days of inventory on hand (DOH) measure at PG&E Corp. have fluctuated over the past five years.

In 2023, the DOH increased to 75.66 days from 63.29 days in 2022, indicating that PG&E held their inventory for a longer period before selling it. This could be a signal of potential issues in inventory management or slowing sales.

In 2022, the DOH decreased to 63.29 days from 49.66 days in 2021, suggesting that PG&E managed its inventory more efficiently compared to the previous year. This could lead to cost savings and improved cash flow.

In 2021, the DOH increased to 49.66 days from 58.80 days in 2020. This increase might indicate that PG&E either overestimated demand for its products or faced challenges in selling inventory promptly.

In 2020, the DOH decreased to 58.80 days from 61.68 days in 2019. This reduction could imply that PG&E improved its inventory turnover and sales efficiency during that period.

In 2019, the DOH was 61.68 days. This metric provides insight into how long PG&E was holding inventory before converting it into sales during that period.

Overall, fluctuations in the days of inventory on hand at PG&E Corp. suggest varying levels of inventory management effectiveness and sales efficiency over the analyzed years.