Public Service Enterprise Group Inc (PEG)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		5.15	6.17	9.03	16.32	5.09
DOH	days	70.92	59.13	40.42	22.37	71.66

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.15
= 70.92

Public Service Enterprise Group Inc's days of inventory on hand (DOH) has fluctuated over the past five years.

On December 31, 2020, the company had 71.66 days of inventory on hand, indicating that it took approximately 71.66 days for the company to turn its inventory into sales.

This figure decreased significantly to 22.37 days on December 31, 2021, reflecting a more efficient inventory management process. However, by the end of 2022, the days of inventory on hand increased to 40.42 days, suggesting a potential buildup in inventory levels.

Subsequently, the DOH rose further to 59.13 days by December 31, 2023, indicating that the company was holding more inventory for a longer period.

By the end of 2024, the days of inventory on hand reached 70.92 days, indicating a potential concern about excess inventory levels or challenges in converting inventory into sales efficiently.

Overall, the trend in Public Service Enterprise Group Inc's DOH suggests variations in inventory management effectiveness over the years, emphasizing the importance of closely monitoring and optimizing inventory levels to enhance operational efficiency and financial performance.