Warrior Met Coal Inc (HCC)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 6.11 | 6.34 | 7.15 | 7.31 | 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 | |
| DOH | days | 59.70 | 57.56 | 51.02 | 49.96 | 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 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.11
= 59.70
The days of inventory on hand (DOH) for Warrior Met Coal Inc have exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The DOH represents the average number of days that the company holds inventory before selling it.
The trend in Warrior Met Coal Inc's DOH shows some variability, indicating changes in the efficiency of inventory management. The company experienced a noticeable increase in DOH from September 30, 2020, to December 31, 2020, peaking at 80.80 days, which may suggest potential challenges in inventory turnover during that period.
Subsequently, there was a significant decline in DOH by December 31, 2021, reaching 31.10 days. This reduction indicates that the company was able to streamline its inventory processes and improve inventory turnover efficiency during this period.
However, the DOH increased again up to 66.19 days by June 30, 2022, suggesting a potential buildup of inventory or slower sales during that quarter. The trend continued with fluctuations in DOH over the following quarters, showing variability in inventory management effectiveness.
Overall, Warrior Met Coal Inc should continue to monitor and adjust its inventory levels to maintain an optimal balance between holding enough inventory to meet demand without excessive build-up that could tie up capital or lead to potential obsolescence.
Peer comparison
Dec 31, 2024