Civitas Resources Inc (CIVI)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 6.56 | 30.40 | 30.88 | 17.70 | 8.22 | |
| DOH | days | 55.65 | 12.01 | 11.82 | 20.62 | 44.38 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.56
= 55.65
The table provided does not include specific values for the Days of Inventory on Hand (DOH) for Civitas Resources Inc for the years specified. As a result, it is not possible to conduct a detailed analysis of the trend and performance of DOH over time. In order to provide a comprehensive assessment of Civitas Resources Inc's inventory management efficiency, it would be necessary to have access to the actual numeric data for DOH across the years specified. Further analysis based on this missing data would allow for insights into how quickly the company is able to convert its inventory into sales, manage its inventory levels, and optimize its working capital.
Peer comparison
Dec 31, 2023