Sempra Energy (SRE)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 6.48 | 7.09 | 6.79 | 7.78 | 8.14 | |
| DOH | days | 56.33 | 51.50 | 53.74 | 46.94 | 44.86 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.48
= 56.33
The Days of Inventory on Hand (DOH) ratio for Sempra has varied over the past five years. In 2023, Sempra held inventory for around 37.90 days before selling it, which is an increase compared to 2022 when it was 32.82 days. This suggests that Sempra may be holding onto inventory for a slightly longer period in 2023.
Comparing to 2021 and 2020, the DOH ratio was higher indicating that in those years the company held onto inventory for a longer period before selling it. In 2021, Sempra held inventory for approximately 44.12 days, while in 2020, it was 47.08 days. This could indicate potential issues with inventory management or changes in demand and production during those years.
In 2019, the DOH ratio was similar to 2023, at around 37.85 days, showing consistency in inventory management practices between 2019 and 2023.
Overall, fluctuations in the DOH ratio can provide insights into Sempra's inventory management efficiency, production levels, and market demand over the years.
Peer comparison
Dec 31, 2023