Southwest Gas Holdings Inc (SWX)

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		37.73	4.56	4.01	3.19	1.41	—	37.63	40.37	8.27	9.51	9.40	9.01	1,035.03	37.45	35.14	37.13	43.65	39.09	32.24	27.87
DOH	days	9.67	79.99	91.09	114.37	258.15	—	9.70	9.04	44.15	38.40	38.84	40.53	0.35	9.75	10.39	9.83	8.36	9.34	11.32	13.10

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 37.73
= 9.67

As the table does not provide specific data on Southwest Gas Holdings Inc's days of inventory on hand (DOH) for each quarter, a detailed analysis based on DOH trends over time is not possible. To assess DOH effectively, specific numerical values for each quarter would be required to calculate and compare the company's inventory turnover efficiency. Without this data, it is not possible to provide a comprehensive analysis or trend interpretation for Southwest Gas Holdings Inc's DOH.

Peer comparison

Dec 31, 2023

Company name

Symbol

DOH

Southwest Gas Holdings Inc

SWX

9.67

Chesapeake Utilities Corporation