Alpha Metallurgical Resources Inc (AMR)
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 | 10.47 | 9.16 | 9.19 | 9.60 | 13.11 | 14.76 | 15.09 | 13.39 | 14.68 | 10.33 | 8.20 | 13.03 | 14.08 | 12.49 | 11.56 | 5.99 | 4.52 | 3.71 | 0.88 | ||
| DOH | days | 34.86 | 39.83 | 39.72 | 38.04 | 27.84 | 24.73 | 24.18 | 27.26 | 24.87 | 35.34 | 44.50 | 28.01 | 25.93 | 29.23 | 31.58 | 60.91 | 80.84 | 98.47 | 413.62 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 10.47
= 34.86
The days of inventory on hand (DOH) for Alpha Metallurgical Resources Inc have shown fluctuations over the past eight quarters. In Q4 2023, the company had 35.84 days of inventory on hand, compared to 44.36 days in Q3 2023 and 44.32 days in Q2 2023. This suggests an improvement in managing inventory levels during the most recent quarter.
Although there was a decrease from Q3 2023 to Q4 2023, the current DOH is still higher than the levels seen in Q2 and Q1 2023. The trend over the last year shows some volatility in inventory management, with the lowest DOH recorded in Q3 2022 at 29.17 days and the highest in Q3 2023 at 44.36 days.
Overall, Alpha Metallurgical Resources Inc may benefit from further optimizing its inventory management processes to ensure that inventory levels are efficiently maintained. The company should closely monitor its DOH metric to strike a balance between avoiding stockouts and minimizing excess inventory holding costs.
Peer comparison
Dec 31, 2023