Portland General Electric Co (POR)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		16.26	13.84	10.40	10.54	9.83
DOH	days	22.44	26.37	35.10	34.64	37.12

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 16.26
= 22.44

Portland General Electric Co has been able to effectively manage its inventory levels over the past five years as reflected in its Days of Inventory on Hand (DOH) ratios. The trend indicates a consistent improvement in inventory management efficiency, with the DOH decreasing from 37.12 days as of December 31, 2020, to 22.44 days as of December 31, 2024.

A lower DOH ratio suggests that the company is converting its inventory into sales more quickly, which can be a positive sign of effective inventory management, lower carrying costs, and potentially higher profitability.

This improvement in inventory turnover could be attributed to better demand forecasting, inventory control processes, or streamlining of supply chain operations. Overall, the decreasing trend in DOH for Portland General Electric Co indicates a positive development in its inventory management strategy over the analyzed period.