Antero Resources Corp (AR)

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		—	100.99	—	0.09	—	0.11	0.10	0.10	0.09	0.07	0.07	0.07	0.07	0.10	269.89	0.12	9.25	0.52	4.64	0.70
DOH	days	—	3.61	—	4,035.08	—	3,386.23	3,482.73	3,658.20	3,845.98	4,893.09	4,969.49	5,433.19	5,222.91	3,838.53	1.35	2,964.82	39.47	698.91	78.71	520.63

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The days of inventory on hand (DOH) for Antero Resources Corp have fluctuated significantly over the periods provided.

In March 2020, the DOH was high at 520.63 days, indicating that the company had a large amount of inventory on hand relative to its sales. This decreased sharply to 78.71 days by June 2020, suggesting improved inventory management efficiency. However, by September 2020, the DOH spiked to 698.91 days, signaling a potential inventory management issue or a significant build-up of inventory.

The trend shifted positively as of December 2020, with the DOH dropping to 39.47 days, reflecting better control over inventory levels. In the following periods, there were notable fluctuations, such as a substantial increase to 2,964.82 days in March 2021, which may indicate challenges in sales or inventory management.

The DOH decreased significantly to 1.35 days in June 2021, suggesting a sharp reduction in inventory levels or increased sales velocity. However, in September 2021, the DOH surged to 3,838.53 days, signifying a potential imbalance between inventory levels and sales activity.

The company experienced further fluctuations in DOH over subsequent periods, with values ranging from 3,386.23 days in September 2023 to 5,433.19 days in March 2022. These drastic fluctuations could indicate irregularities in inventory management practices or changes in business operations.

As of December 2024, the DOH was not provided in the data set, making it challenging to assess the most recent trend. However, in September 2024, the DOH was 3.61 days, suggesting a relatively low level of inventory on hand compared to sales.

Overall, the analysis of Antero Resources Corp's DOH reveals significant variability in inventory management efficiency and highlights the importance of closely monitoring inventory levels to ensure optimal operational and financial performance.