Sempra Energy (SRE)
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 | 6.02 | 6.34 | 6.92 | 6.92 | 6.48 | 6.75 | 7.78 | 9.31 | 7.09 | 5.52 | 7.29 | 7.66 | 6.79 | 6.90 | 7.40 | 8.92 | 7.79 | 7.68 | 8.73 | 10.58 | |
DOH | days | 60.67 | 57.60 | 52.74 | 52.74 | 56.33 | 54.11 | 46.94 | 39.21 | 51.50 | 66.13 | 50.09 | 47.64 | 53.74 | 52.90 | 49.34 | 40.92 | 46.86 | 47.53 | 41.79 | 34.50 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.02
= 60.67
The Days of Inventory on Hand (DOH) for Sempra Energy has shown fluctuations over the analyzed period. The trend indicates that the company has been managing its inventory levels relatively well.
From March 31, 2020, to September 30, 2021, there was a steady increase in DOH, suggesting that the company may have been holding onto inventory for longer periods. This increase in DOH could be due to various reasons such as changes in demand, production, or supply chain issues.
However, from March 31, 2022, to September 30, 2022, there was a significant spike in DOH, reaching its peak at 66.13 days. This could indicate potential inventory management challenges during this period that need to be further investigated.
Subsequently, there was a decline in DOH from December 31, 2022, to March 31, 2024, suggesting that the company may have taken steps to optimize its inventory levels. The relatively stable DOH from June 30, 2024, to December 31, 2024, indicates that the company may have found a balance in managing its inventory.
Overall, Sempra Energy should continue to monitor its inventory turnover and management practices to ensure that inventory levels are efficiently maintained to support its operations while minimizing carrying costs and obsolescence risks.
Peer comparison
Dec 31, 2024