Alpha Metallurgical Resources Inc (AMR)
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 | 15.66 | 13.90 | 12.31 | 10.71 | 10.84 | 8.70 | 8.70 | 8.98 | 12.03 | 13.26 | 13.74 | 12.44 | 13.94 | 12.64 | 10.24 | 14.12 | 14.91 | 14.50 | 13.35 | 11.04 | |
DOH | days | 23.31 | 26.26 | 29.64 | 34.09 | 33.67 | 41.96 | 41.98 | 40.65 | 30.34 | 27.53 | 26.57 | 29.34 | 26.19 | 28.87 | 35.64 | 25.85 | 24.49 | 25.18 | 27.34 | 33.06 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 15.66
= 23.31
Alpha Metallurgical Resources Inc's Days of Inventory on Hand (DOH) is a key ratio used to measure how efficiently the company manages its inventory. It indicates the number of days it takes for the company to sell its entire inventory.
Based on the provided data, we observe fluctuating trends in Alpha Metallurgical Resources Inc's DOH over the years. The ratio ranged from a low of 23.31 days on December 31, 2024, to a high of 41.98 days on June 30, 2023.
A decreasing trend in DOH generally implies that the company is selling its inventory more quickly, which can be considered positive as it suggests efficient inventory management. Conversely, an increasing trend in DOH may indicate inventory management challenges or slow sales.
It is essential for Alpha Metallurgical Resources Inc to closely monitor and analyze changes in its DOH to ensure optimal inventory levels and avoid potential issues such as obsolete inventory or storage costs. Additionally, comparing the company's DOH with industry benchmarks can provide valuable insights into its competitiveness and operational efficiency in managing inventory.
Peer comparison
Dec 31, 2024