Verizon Communications Inc (VZ)

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		23.78	18.58	23.59	21.10	20.87	21.12	24.59	19.15	18.91	13.65	11.41	11.24	13.51	20.34	33.63	36.67	27.25	24.56	27.61	21.89
DOH	days	15.35	19.65	15.47	17.30	17.49	17.28	14.84	19.06	19.30	26.74	31.98	32.48	27.01	17.95	10.85	9.95	13.40	14.86	13.22	16.67

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 23.78
= 15.35

Verizon Communications Inc's Days of Inventory on Hand (DOH) is a ratio that indicates the number of days it takes for the company to sell its average inventory balance. The trend analysis of Verizon's DOH from March 31, 2020, to December 31, 2024, shows fluctuations in the number of days the company holds inventory.

- From March 2020 to March 2021, the DOH decreased from 16.67 days to 9.95 days, indicating an improvement in inventory management efficiency.
- However, from March 2021 to June 2022, the DOH increased steadily, reaching a peak of 32.48 days, suggesting that the company may be facing challenges in managing its inventory levels effectively.
- Subsequently, from June 2022 to December 2024, the DOH fluctuated but stayed within a relatively stable range, indicating some efforts by Verizon to control and optimize its inventory turnover rate.
- Notable decreases in DOH were observed in December 2023 and June 2024, which may signify improvements in inventory management practices during those periods.

Overall, the fluctuations in Verizon's DOH over the analyzed period suggest varying levels of efficiency in inventory turnover and management. The company may need to continue monitoring its inventory levels closely to ensure optimal use of resources and minimize carrying costs.