Comstock Resources Inc (CRK)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | 37.31 | 150.14 | 215.30 | |
| DOH | days | — | — | 9.78 | 2.43 | 1.70 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Comstock Resources Inc has shown an increasing trend over the years. As of December 31, 2020, the company had a low DOH of 1.70 days, indicating efficient management of inventory. However, by December 31, 2021, the DOH increased to 2.43 days, suggesting a slight delay in converting inventory into sales.
The most significant jump in DOH was observed by December 31, 2022, where the metric surged to 9.78 days. This substantial increase may signal potential issues in inventory management, such as overstocking or slower turnover of inventory. Unfortunately, data for December 31, 2023, and December 31, 2024 is unavailable, making it challenging to assess whether the trend continued or improved.
Overall, the trend in DOH for Comstock Resources Inc indicates a need for closer monitoring and potential optimization of inventory management practices to ensure efficient use of resources and maintain healthy liquidity levels.
Peer comparison
Dec 31, 2024