Comstock Resources Inc (CRK)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		—	1.18	7.22	10.80	15.73
DOH	days	—	310.43	50.59	33.81	23.21

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

To analyze Comstock Resources, Inc.'s days of inventory on hand (DOH) for the years 2019 to 2023, we would need the specific inventory values in addition to the COGS (Cost of Goods Sold) figures for each year. Without this information, it is not possible to calculate the DOH and provide a detailed analysis.

Days of inventory on hand (DOH) is a financial ratio that measures how many days, on average, a company holds its inventory before selling it. A lower DOH indicates that the company is able to efficiently manage its inventory and turnover items quickly, while a higher DOH may suggest slow-moving inventory or potential obsolescence.

In order to provide a meaningful analysis, it would be necessary to have detailed financial data such as inventory balances, COGS figures, and a breakdown of the components that make up inventory for each year in question. This data is crucial to calculate the DOH and to interpret the effectiveness of Comstock Resources, Inc.'s inventory management practices over the five-year period.