Arch Resources Inc (ARCH)
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 | 10.80 | 11.43 | 10.18 | 10.01 | 11.89 | 11.62 | 10.86 | 9.92 | 11.62 | 9.99 | 10.10 | 10.40 | 13.24 | 13.64 | 12.55 | 13.83 | 13.02 | 7.19 | 4.31 | 2.05 | |
| DOH | days | 33.78 | 31.94 | 35.87 | 36.45 | 30.70 | 31.42 | 33.62 | 36.78 | 31.40 | 36.54 | 36.13 | 35.10 | 27.57 | 26.75 | 29.07 | 26.38 | 28.03 | 50.80 | 84.65 | 177.88 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 10.80
= 33.78
The Days of Inventory on Hand (DOH) for Arch Resources Inc has shown variability over the past few years. The trend indicates that the company has been able to effectively manage its inventory levels to some extent.
From December 2021 to June 2022, there was a slight increase in DOH, suggesting a potentially less efficient inventory management. However, from September 2022 to March 2023, the DOH decreased, indicating improvements in inventory turnover and efficiency.
The DOH spiked significantly in December 2019 and September 2019, which may indicate inventory management challenges or disruptions during those periods. This sharp increase in DOH could have been a result of excess inventory levels or slow-moving inventory that needed to be addressed.
Overall, it is essential for Arch Resources Inc to consistently monitor and optimize its inventory levels to ensure efficient operations and healthy cash flows.
Peer comparison
Dec 31, 2023