Chord Energy Corp (CHRD)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2019	Dec 31, 2018
Inventory turnover		10.78	10.77	7.29	4.53	15.34
DOH	days	33.85	33.88	50.04	80.62	23.79

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 10.78
= 33.85

Based on the provided data, the days of inventory on hand (DOH) for Chord Energy Corp are not available for the years 2023, 2022, and 2021. Without the specific DOH figures, it is challenging to assess the efficiency of Chord Energy Corp's inventory management over these periods. The DOH ratio indicates the average number of days a company holds inventory before selling it. A higher DOH may suggest slower inventory turnover and potential liquidity issues, while a lower DOH may indicate efficient inventory management and timely sales. Further analysis and calculation of the DOH ratio would provide valuable insights into Chord Energy Corp's inventory management practices and overall financial health.