Parsons Corp (PSN)

Days of inventory on hand (DOH)

		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	Dec 31, 2019
Inventory turnover		—	—	—	—	—	—	—	—	—	4,355.82	—	2,909.33	—	—	—	826.24	—	—	—	238.71
DOH	days	—	—	—	—	—	—	—	—	—	0.08	—	0.13	—	—	—	0.44	—	—	—	1.53

September 30, 2024 calculation

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

The days of inventory on hand (DOH) for Parsons Corp has been fluctuating over the past few quarters. The trend shows that the company has been managing its inventory levels efficiently, with some quarters even reporting extremely low DOH figures, indicating a rapid turnover of inventory. However, there are also quarters where DOH has not been reported, signaling potential data gaps or changes in inventory management practices. Overall, the company's ability to control and optimize its inventory levels can be inferred from the varying DOH figures, reflecting a proactive approach towards managing working capital.