CNX Resources Corp (CNX)
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 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | 6.72 | 6.74 | 5.40 | 5.06 | 5.43 | 7.83 | 9.79 | 20.91 | 21.01 | 32.82 | 30.83 | 23.95 | 66.69 | 84.84 | 83.48 | 85.12 | 55.96 | 16.78 | 9.96 | 6.62 | |
DOH | days | 54.32 | 54.16 | 67.64 | 72.08 | 67.19 | 46.64 | 37.30 | 17.46 | 17.37 | 11.12 | 11.84 | 15.24 | 5.47 | 4.30 | 4.37 | 4.29 | 6.52 | 21.75 | 36.63 | 55.10 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.72
= 54.32
I'm sorry, but without specific numeric values for the days of inventory on hand (DOH) for CNX Resources Corp for each quarter provided in the table, a detailed and comprehensive analysis of this ratio cannot be conducted. The DOH metric typically indicates the average number of days it takes for a company to sell its inventory, reflecting efficiency in managing inventory levels.
If you can provide the actual DOH figures for each quarter, I'd be happy to assist in interpreting and analyzing the trend over time to evaluate the company's inventory management performance.
Peer comparison
Dec 31, 2023
Company name
Symbol
DOH
CNX Resources Corp
CNX
54.32
Antero Resources Corp
AR
—
APA Corporation
APA
260.54
California Resources Corp
CRC
74.66
Chesapeake Energy Corp
CHK
1,753.48
Chord Energy Corp
CHRD
34.34
Civitas Resources Inc
CIVI
55.99
Comstock Resources Inc
CRK
—
Coterra Energy Inc
CTRA
24.81
Devon Energy Corporation
DVN
202.87
Diamondback Energy Inc
FANG
145.54