PPL Corporation (PPL)

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		1.54	1.49	1.52	1.57	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
DOH	days	236.99	245.39	240.78	233.07	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

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.54
= 236.99

The days of inventory on hand (DOH) for PPL Corporation have fluctuated over the past few years. From March 31, 2020, to September 30, 2021, there was a general upward trend in the number of days it takes for the company to sell its inventory. This increase indicates that the company may be holding onto its inventory for longer periods, which can tie up working capital and increase storage costs.

However, from March 31, 2022, to June 30, 2022, there was a significant decrease in DOH, suggesting that PPL Corporation may have implemented more efficient inventory management practices during that period. The DOH remained relatively stable through December 31, 2022, but started to increase again in the following quarters.

The highest DOH was recorded on December 31, 2023, at 249.42 days, which could signal potential issues with inventory management efficiency or changing market demand. Subsequently, there was a slight decrease in DOH by March 31, 2024, but the levels remained relatively high compared to previous years.

Overall, the trend in DOH for PPL Corporation indicates fluctuations in inventory management effectiveness and could offer insights into the company's ability to balance maintaining sufficient inventory levels with minimizing holding costs and maximizing sales opportunities.