PPL Corporation (PPL)

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 1.46 1.65 1.84 2.33 2.31 2.30 2.70 2.82 2.34 2.40 2.69 2.52 2.12 1.83 1.98 2.15 2.17 2.72 2.84 4.89
DOH days 249.42 220.99 197.95 156.84 158.06 158.96 135.09 129.37 155.67 152.00 135.85 145.11 172.23 199.87 184.72 169.77 168.54 134.43 128.40 74.63

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.46
= 249.42

Days of inventory on hand (DOH) for PPL Corp has shown a fluctuating trend over the past eight quarters. In Q4 2023, the DOH was 71.61 days, indicating that the company held inventory for an average of around 72 days during that period. This was an increase from the previous quarter's DOH of 63.32 days. The DOH has been on an overall upward trajectory since the start of 2022 when it was at 62.74 days.

The increase in DOH from Q3 2023 to Q4 2023 suggests that PPL Corp may have experienced challenges in managing its inventory efficiently or may have increased its inventory levels. This could be due to various factors such as changes in demand patterns, production issues, or supply chain disruptions.

It is important for PPL Corp to monitor its DOH closely to ensure optimal inventory management and avoid potential issues such as excess inventory holding costs or stockouts. Further analysis and comparison with industry benchmarks can provide more insights into the company's inventory management effectiveness.


Peer comparison

Dec 31, 2023