EQT Corporation (EQT)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		—	2.68	3.45	4.63	4.53
DOH	days	—	136.12	105.79	78.78	80.57

December 31, 2024 calculation

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

EQT Corporation's days of inventory on hand (DOH) has shown a mixed trend over the years based on the provided data.

- In December 31, 2020, the DOH was 80.57 days, indicating that on average, the company held inventory for approximately 80.57 days before selling it.
- By December 31, 2021, the DOH decreased slightly to 78.78 days, which suggests a slightly more efficient inventory management compared to the previous year.
- However, there was a significant increase in DOH by December 31, 2022, reaching 105.79 days. This increase may imply potential challenges in managing inventory levels efficiently.
- The trend continued with a further increase in DOH to 136.12 days by December 31, 2023, indicating a prolonged inventory holding period.
- Lastly, in December 31, 2024, there is no data provided for the DOH, which may require further investigation to understand the company's inventory management strategy.

Overall, the fluctuating trend in EQT Corporation's DOH suggests possible changes in the company's inventory management practices and efficiency. It is crucial for the company to monitor its inventory levels closely to optimize working capital and operational performance.