Sunrun Inc (RUN)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 4.25 | 4.56 | 2.58 | 2.69 | 2.63 | |
| DOH | days | 85.87 | 80.03 | 141.46 | 135.48 | 138.95 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.25
= 85.87
The days of inventory on hand (DOH) for Sunrun Inc has shown fluctuating trends over the years based on the provided data.
- As of December 31, 2020, the company had 138.95 days of inventory on hand, indicating that Sunrun held its inventory for around 138.95 days before selling it.
- By December 31, 2021, the DOH decreased slightly to 135.48 days, suggesting a potential improvement in inventory management or possibly a change in sales patterns.
- The trend reversed in the following year, as of December 31, 2022, with the DOH increasing to 141.46 days, implying a longer time taken to sell off the inventory.
- However, by December 31, 2023, the DOH dropped significantly to 80.03 days, reflecting a potential effort to reduce excess inventory or enhance sales efficiency.
- As of December 31, 2024, the DOH rose slightly to 85.87 days, which suggests a moderate increase in the time taken to convert inventory into sales compared to the previous year.
In conclusion, the fluctuations in Sunrun Inc's days of inventory on hand over the years indicate varying levels of inventory management effectiveness, sales dynamics, and operational efficiency within the company.
Peer comparison
Dec 31, 2024