Coterra Energy Inc (CTRA)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		14.85	14.56	22.21	27.11	12.58
DOH	days	24.58	25.08	16.44	13.46	29.02

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 14.85
= 24.58

From the provided data, it appears that the Days of Inventory on Hand (DOH) for Coterra Energy Inc is not available for the years 2019, 2020, 2021, 2022, and 2023. Without these specific values, a detailed analysis of the trend or performance of the company's inventory management over the years cannot be determined.

However, in general, the Days of Inventory on Hand ratio measures how many days it takes for a company to sell its entire inventory. A lower DOH value indicates that the company is efficient in managing its inventory levels and selling products quickly, which can lead to reduced storage costs and obsolescence risk. On the other hand, a higher DOH value may suggest slower inventory turnover, potential liquidity issues, or obsolete inventory.

To provide a more in-depth analysis or assess the impact of inventory management on Coterra Energy Inc's overall financial performance, it would be beneficial to have the specific DOH figures for the years in question.