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.