Parsons Corp (PSN)

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		—	—	—	—	—	—	—	—	—	—	4,355.82	—	2,909.33	—	—	—	826.24	—	—	—
DOH	days	—	—	—	—	—	—	—	—	—	—	0.08	—	0.13	—	—	—	0.44	—	—	—

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The days of inventory on hand (DOH) for Parsons Corp has shown fluctuations over the years. As of December 31, 2020, the company had 0.44 days of inventory on hand, indicating efficient inventory management and fast turnover of goods. This metric decreased to 0.13 days by December 31, 2021, suggesting further improvement in managing inventory levels.

However, the following periods show a mix of no specific data available (indicated by "— days"), 0.08 days as of June 30, 2022, and sporadic data points with no clear trend. The inconsistent nature of the data for DOH indicates potential variability in the company's inventory management practices or reporting methods.

It is important for Parsons Corp to monitor its inventory turnover and ensure a balance between maintaining adequate inventory levels to meet demand while avoiding excess stock that could tie up capital. Further analysis and context would be needed to better understand the reasons behind the fluctuations in the days of inventory on hand for the company.