Portland General Electric Co (POR)

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		18.48	18.27	16.89	14.82	12.04	10.93	10.57	11.47	10.40	10.07	8.73	11.88	10.54	10.23	10.81	10.81	9.83	8.36	5.43	6.06
DOH	days	19.75	19.98	21.61	24.64	30.30	33.40	34.52	31.81	35.10	36.26	41.81	30.74	34.64	35.69	33.76	33.78	37.12	43.66	67.20	60.21

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 18.48
= 19.75

The days of inventory on hand (DOH) for Portland General Electric Co have shown a fluctuating trend over the past few years. From March 31, 2020, to December 31, 2024, the DOH decreased from 60.21 days to 19.75 days.

In the initial period, the DOH was relatively high, indicating that the company held inventory for an average of around 60 days. This could suggest potential inefficiencies in inventory management or sluggish sales.

However, as the period progressed, there was a significant improvement in inventory turnover efficiency, as evidenced by the decreasing trend in DOH. By December 31, 2024, the DOH had decreased to just 19.75 days, indicating that the company was able to sell its inventory more quickly.

Overall, the declining trend in DOH is a positive sign, as it suggests that Portland General Electric Co has been able to optimize its inventory levels and improve operational efficiency. The company's ability to reduce the time it takes to sell inventory can lead to cost savings, improved cash flow, and potentially higher profitability.