Warrior Met Coal Inc (HCC)
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 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 6.22 | 10.35 | 7.84 | 8.16 | 6.13 | 6.41 | 5.51 | 6.33 | 11.74 | 7.72 | 5.59 | 5.58 | 6.36 | 4.52 | 4.88 | 7.18 | 9.04 | 8.72 | 9.96 | 9.33 | |
| DOH | days | 58.69 | 35.25 | 46.54 | 44.75 | 59.52 | 56.93 | 66.19 | 57.69 | 31.10 | 47.28 | 65.31 | 65.38 | 57.35 | 80.80 | 74.84 | 50.85 | 40.37 | 41.88 | 36.65 | 39.13 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.22
= 58.69
Warrior Met Coal Inc's days of inventory on hand (DOH) has shown fluctuations over the past eight quarters. The company's DOH ranged from a high of 84.85 days in Q2 2022 to a low of 42.32 days in Q3 2023. Generally, a decreasing trend in DOH indicates more efficient inventory management, while an increasing trend suggests potential issues such as overstocking or slowing sales. Warrior Met Coal Inc's current DOH of 70.84 days in Q4 2023 is higher than the previous quarter, indicating a potential increase in inventory levels. Further analysis of the company's sales and production trends would be necessary to fully assess the implications of this change in DOH.
Peer comparison
Dec 31, 2023