Sunrun Inc (RUN)
Days of inventory on hand (DOH)
| 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 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 5.26 | 3.63 | 1.58 | 1.39 | 1.51 | 1.98 | 2.10 | 2.01 | 2.17 | 2.56 | 3.00 | 3.19 | 2.72 | 3.03 | 2.55 | 2.04 | 1.94 | 4.38 | 5.02 | 6.41 | |
| DOH | days | 69.36 | 100.55 | 230.53 | 262.37 | 242.17 | 184.35 | 174.02 | 181.53 | 168.57 | 142.50 | 121.69 | 114.34 | 134.05 | 120.42 | 143.15 | 179.05 | 188.54 | 83.35 | 72.77 | 56.92 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.26
= 69.36
The days of inventory on hand (DOH) for Sunrun Inc has shown fluctuations over the past eight quarters. The trend indicates a peak in Q1 2023 at 152.29 days, followed by a decrease in Q2 2023 to 133.04 days, and a further decline in Q3 2023 to 111.37 days. In Q4 2023, the DOH increased slightly to 80.03 days, which is lower than the levels seen in the previous quarters. Overall, the company appears to be managing its inventory more efficiently in recent quarters compared to earlier periods. Further analysis of the underlying reasons for these changes and comparisons with industry averages can provide additional insights into Sunrun Inc's inventory management efficiency.
Peer comparison
Dec 31, 2023