Matador Resources Company (MTDR)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 8.14 | 5.98 | 14.30 | 8.29 | 71.05 | |
| DOH | days | 44.82 | 61.06 | 25.52 | 44.00 | 5.14 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.14
= 44.82
The days of inventory on hand (DOH) for Matador Resources Company has shown fluctuations over the years based on the data provided. In December 2020, the company had a low DOH of 5.14 days, indicating efficient management of inventory. However, by December 2021, the DOH significantly increased to 44.00 days, suggesting a longer period for the company to sell its inventory.
In the following year, by December 2022, the DOH decreased to 25.52 days, which could indicate improvements in managing inventory levels. Nevertheless, in December 2023, the DOH spiked to 61.06 days, signifying a potential excess of inventory that may need addressing.
Finally, by December 2024, the DOH slightly decreased to 44.82 days, still significantly higher than the initial period. Overall, the trend in Matador Resources' DOH fluctuates, and the company may need to focus on optimizing its inventory levels to improve efficiency and working capital management.
Peer comparison
Dec 31, 2024