SJW Corporation (SJW)

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		—	8.63	9.28	8.70	46.08	33.36	48.78	35.89	38.34	27.37	37.22	29.59	33.73	—	—	—	72.17	—	—	—
DOH	days	—	42.28	39.32	41.95	7.92	10.94	7.48	10.17	9.52	13.34	9.81	12.34	10.82	—	—	—	5.06	—	—	—

December 31, 2023 calculation

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

To analyze SJW Group's days of inventory on hand (DOH), we look at the trend over the past eight quarters provided in the table. The DOH ratio indicates the average number of days a company holds its inventory before selling it, reflecting its efficiency in managing inventory levels.

From the data provided, it seems that the specific DOH values are not available for each quarter, which limits our ability to perform a detailed analysis of the trend over time. However, we can make some general observations:

1. Consistent DOH: If the DOH has remained relatively stable across the quarters, this could indicate that SJW Group has a consistent approach in managing its inventory levels and does not face significant fluctuations in sales or inventory turnover.

2. Increasing DOH: An increasing trend in DOH over time may suggest that SJW Group is experiencing challenges in selling its inventory quickly, which could lead to higher carrying costs and potential obsolescence risks.

3. Decreasing DOH: Conversely, a decreasing trend in DOH could signal improvements in inventory management efficiency, indicating that the company is selling its products more rapidly and effectively reducing excess inventory levels.

Without the specific DOH values for each quarter, it is difficult to draw precise conclusions about SJW Group's inventory management performance. It would be beneficial to obtain the missing data to conduct a more in-depth analysis and provide a comprehensive evaluation of the company's inventory efficiency.