Magnolia Oil & Gas Corp (MGY)
Days of inventory on hand (DOH)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | — | — | — | — | |
DOH | days | — | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the provided data, it appears that the information for Magnolia Oil & Gas Corp's days of inventory on hand (DOH) is missing for all the years from 2019 to 2023. Without the specific values for each year, a detailed analysis of the trend or comparison over time cannot be conducted. To provide a meaningful assessment of the efficiency of Magnolia Oil & Gas Corp's inventory management, it would be necessary to have the DOH figures for these years. Tracking the DOH metric can help evaluate how quickly the company is selling its inventory and if there are any potential issues with overstocking or understocking.
Peer comparison
Dec 31, 2023
Company name
Symbol
DOH
Magnolia Oil & Gas Corp
MGY
—
Antero Resources Corp
AR
—
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55.65
CNX Resources Corp
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52.49
Comstock Resources Inc
CRK
—
Coterra Energy Inc
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Devon Energy Corporation
DVN
201.52