Portland General Electric Co (POR)

Days of inventory on hand (DOH)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Inventory turnover		4.24	3.83	3.86	4.24	4.35	4.71	4.39	5.82	5.31	5.35	5.18	5.63	5.03	4.03	3.29	3.75	3.80	4.15	3.50	6.43
DOH	days	86.11	95.18	94.53	86.04	83.96	77.42	83.23	62.72	68.77	68.27	70.52	64.87	72.60	90.46	110.82	97.27	96.00	87.87	104.43	56.75

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.24
= 86.11

To analyze Portland General Electric Co's Days of Inventory on Hand (DOH) trend, we observe fluctuations in the data over the past eight quarters. The DOH has ranged from a low of 30.74 days in Q1 2022 to a high of 41.81 days in Q2 2022.

In the most recent quarter, Q4 2023, the DOH was 34.66 days, showing a slight increase compared to the previous quarter. This suggests that, on average, Portland General Electric Co held inventory for approximately 34.66 days before selling it.

Overall, the trend in DOH indicates some variability in inventory management efficiency. An upward trend in DOH could imply overstocking or slow inventory turnover, tying up capital and potentially leading to increased holding costs. Conversely, a decreasing trend in DOH could signal improved inventory management and efficiency.

Further analysis and comparison with industry benchmarks or historical data may provide more insights into Portland General Electric Co's inventory management effectiveness and operational performance.