DT Midstream Inc (DTM)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | 36.83 | 19.73 | 12.76 | 9.77 | 28.71 | 15.62 | 10.53 | ||||
| DOH | days | — | 9.91 | 18.50 | 28.59 | 37.35 | 12.71 | 23.37 | 34.68 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the provided data, it appears that the days of inventory on hand (DOH) for DT Midstream Inc is not available for each quarter of the given years. This could indicate either a lack of disclosure or calculation of this particular ratio by the company for public reporting purposes.
Without the specific DOH figures for analysis, it is challenging to evaluate the efficiency of DT Midstream's inventory management over time. DOH is a critical metric that reflects the number of days a company holds inventory before it is sold, and a higher DOH may indicate that the company is carrying excess inventory or facing challenges in selling its products timely.
In the absence of the actual DOH figures, it is recommended to monitor this ratio in future financial reports to assess DT Midstream's inventory management practices and their impact on the company's overall operational efficiency and financial performance.
Peer comparison
Dec 31, 2023