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