Warrior Met Coal Inc (HCC)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 6.13 | 6.23 | 6.14 | 11.76 | 6.38 | |
| DOH | days | 59.58 | 58.59 | 59.41 | 31.03 | 57.24 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.13
= 59.58
Warrior Met Coal Inc's Days of Inventory on Hand (DOH) has shown fluctuations over the years based on the provided data.
- As of December 31, 2020, the DOH stood at 57.24 days, indicating that, on average, it took Warrior Met Coal Inc approximately 57 days to turn its inventory into sales during that period.
- By December 31, 2021, the DOH decreased significantly to 31.03 days, implying that the company managed its inventory more efficiently, reducing the number of days required to sell its inventory.
- However, by December 31, 2022, the DOH increased to 59.41 days, which suggests a slowdown in inventory turnover compared to the previous year.
- The DOH remained relatively high at 58.59 days as of December 31, 2023, indicating that Warrior Met Coal Inc may be facing challenges in managing its inventory efficiently.
- Finally, as of December 31, 2024, the DOH rose slightly to 59.58 days, continuing the trend of slower inventory turnover.
Overall, Warrior Met Coal Inc's DOH trend indicates fluctuations in inventory turnover efficiency over the years, with potential implications for working capital management, carrying costs, and sales performance.
Peer comparison
Dec 31, 2024