Peabody Energy Corp (BTU)
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 | 9.41 | 8.34 | 8.44 | 8.72 | 9.87 | 9.77 | 11.11 | 10.37 | 11.11 | 11.08 | 11.40 | 9.92 | 11.26 | 11.05 | 10.25 | 9.64 | 9.65 | 8.48 | 10.17 | 12.51 | |
| DOH | days | 38.79 | 43.79 | 43.23 | 41.86 | 36.99 | 37.35 | 32.87 | 35.19 | 32.84 | 32.95 | 32.01 | 36.79 | 32.41 | 33.02 | 35.61 | 37.85 | 37.82 | 43.03 | 35.89 | 29.17 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 9.41
= 38.79
The days of inventory on hand (DOH) for Peabody Energy Corp have fluctuated over the past few years. From March 31, 2020, to December 31, 2024, the DOH ranged from a low of 29.17 days to a high of 43.79 days.
During this period, there were fluctuations in the efficiency with which Peabody managed its inventory. A lower number of days indicates that the company is able to sell its inventory more quickly, potentially leading to reduced carrying costs and better working capital management. On the other hand, a higher number of days may indicate slower sales, excess inventory, or inefficient inventory management practices.
In analyzing the trend, it's important to note that the DOH increased from December 2022 to September 2023 before decreasing until December 2024. This may suggest improvements in inventory management efficiency during the latter part of the period.
Overall, fluctuations in the DOH can provide insights into how effectively Peabody Energy is managing its inventory levels and working capital. Investors and analysts may further investigate the reasons behind these fluctuations to assess the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2024