Vistra Energy Corp (VST)

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 10.00 10.00 9.53 9.10 12.51 14.96 16.67 18.99 21.14 17.90 15.23 15.21 17.59 22.75 21.62 21.84 13.19 13.60 13.07 13.89
DOH days 36.50 36.50 38.30 40.11 29.17 24.40 21.90 19.22 17.27 20.39 23.96 23.99 20.75 16.04 16.88 16.71 27.67 26.83 27.93 26.29

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 10.00
= 36.50

The days of inventory on hand (DOH) for Vistra Energy Corp have shown fluctuations over the years based on the provided data. From March 31, 2020, to December 31, 2024, the DOH ranged from a low of 16.04 days to a high of 40.11 days.

In the initial period, DOH remained relatively stable between 26 to 28 days. However, a notable decrease was observed in the first half of 2021, with DOH dropping to around 16 to 17 days. This indicates that the company managed to reduce its inventory levels significantly in that period.

Subsequently, there was an upward trend in DOH from March 31, 2021, to March 31, 2024, reaching a peak of 40.11 days by that date. This increase suggests a buildup of inventory relative to sales, which could indicate potential inefficiencies in inventory management or changes in demand patterns that impacted the company's inventory turnover.

By the end of the period on December 31, 2024, the DOH remained at 36.50 days, suggesting Vistra Energy Corp may have stabilized its inventory management practices after the earlier fluctuations. Overall, a high DOH may indicate excess inventory that could tie up working capital, while a low DOH may raise concerns about stockouts and potential disruptions in the supply chain. It would be essential for the company to strike a balance in managing its inventory levels effectively to optimize its operations.