Peabody Energy Corp (BTU)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 8.70 | 9.62 | 11.11 | 11.26 | 9.65 | |
| DOH | days | 41.97 | 37.93 | 32.84 | 32.41 | 37.82 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.70
= 41.97
Peabody Energy Corp's days of inventory on hand (DOH) has exhibited a fluctuating trend over the past five years. Starting at 37.82 days on December 31, 2020, it decreased to 32.41 days by December 31, 2021, indicating a more efficient management of inventory during this period. However, by December 31, 2024, the DOH had increased to 41.97 days, suggesting a potential buildup of inventory levels.
Overall, the company should strive to strike a balance in managing its inventory effectively to ensure optimal levels that support operational efficiency and financial performance. A sustained focus on inventory management can help Peabody Energy Corp mitigate potential risks associated with excess or insufficient inventory levels impacting operations and profitability.
Peer comparison
Dec 31, 2024