Sunrun Inc (RUN)
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 | 4.34 | 5.28 | 5.36 | 4.81 | 4.56 | 3.28 | 2.74 | 2.40 | 2.58 | 3.16 | 3.09 | 2.74 | 2.69 | 2.80 | 3.07 | 3.00 | 2.63 | 3.67 | 3.13 | 2.59 | |
| DOH | days | 84.08 | 69.15 | 68.14 | 75.85 | 80.03 | 111.37 | 133.04 | 152.29 | 141.46 | 115.40 | 118.31 | 133.26 | 135.48 | 130.45 | 118.71 | 121.85 | 138.95 | 99.59 | 116.66 | 140.68 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.34
= 84.08
The days of inventory on hand (DOH) for Sunrun Inc has fluctuated over the observed period, ranging from a peak of 152.29 days on March 31, 2023, to a low of 68.14 days on June 30, 2024. Generally, a higher DOH indicates that the company is holding more inventory relative to its sales, which could tie up working capital and potentially lead to obsolescence or carrying costs.
A prolonged high DOH may suggest that Sunrun Inc is facing challenges in managing its inventory efficiently, potentially due to overproduction, slow sales, or ineffective inventory management practices. Conversely, a low DOH could indicate a more efficient inventory management system, enabling the company to quickly turn over its inventory and reduce carrying costs.
It is crucial for Sunrun Inc to monitor its DOH closely to strike a balance between having enough inventory to meet demand and avoiding excessive holding costs. Regularly reviewing and optimizing inventory levels can help improve working capital management and overall operational efficiency.
Peer comparison
Dec 31, 2024