Chord Energy Corp (CHRD)

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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018
Inventory turnover		10.63	11.97	13.14	11.84	10.68	8.66	7.08	9.10	7.23	4.04	4.10	168.92	139.49	135.04	150.83	4.47	4.13	4.43	14.17	18.07
DOH	days	34.34	30.48	27.79	30.82	34.16	42.12	51.57	40.10	50.52	90.37	89.04	2.16	2.62	2.70	2.42	81.66	88.29	82.32	25.75	20.20

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 10.63
= 34.34

Based on the data provided for Chord Energy Corp's Days of Inventory on Hand (DOH) over the past eight quarters, it appears that specific values are not available. Without the actual numerical data for each quarter, it is challenging to conduct a comparative analysis or trend assessment of the company's inventory management efficiency.

In order to provide a meaningful analysis, it would be essential to have the actual DOH values for each quarter. These values would allow for a calculation of the average DOH over time, the identification of trends in inventory turnover, and a comparison against industry norms or benchmarks.

Without this critical information, any assessment of Chord Energy Corp's inventory management effectiveness, liquidity, or operational efficiency based on the Days of Inventory on Hand metric would be speculative. Additional data or context would be required to draw meaningful conclusions from the DOH ratio.