Consol Energy Inc (CEIX)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 4.14 | 5.47 | 5.29 | 2.22 | 1.90 | |
| DOH | days | 88.24 | 66.78 | 69.05 | 164.76 | 191.98 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.14
= 88.24
The days of inventory on hand (DOH) calculation for Consol Energy Inc shows that the company does not have inventory data available for the years 2019, 2020, 2021, 2022, and 2023 in the provided table. As a result, it is not possible to analyze the trend or evaluate the efficiency of Consol Energy Inc in managing its inventory levels over the years.
Without the DOH figures, it is challenging to assess how effectively Consol Energy Inc is managing its inventory turnover and liquidity. DOH is a crucial ratio in evaluating how long, on average, the company holds its inventory before selling it. A low DOH indicates efficient inventory management, while a high DOH may suggest overstocking or difficulties in selling products in a timely manner.
It is recommended that additional information or data be obtained to calculate the DOH for Consol Energy Inc for a more comprehensive analysis of its inventory management performance.
Peer comparison
Dec 31, 2023