Matador Resources Company (MTDR)

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		5.98	6.13	6.89	10.48	14.30	7.77	8.25	8.73	8.29	64.04	82.07	85.75	88.91	22.07	6.46	7.09	7.86	5.17	3.63	5.51
DOH	days	61.06	59.58	52.97	34.83	25.52	46.97	44.24	41.83	44.00	5.70	4.45	4.26	4.11	16.54	56.49	51.51	46.43	70.62	100.63	66.25

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 5.98
= 61.06

Based on the provided data, it appears that information for the days of inventory on hand (DOH) ratio for Matador Resources Co is missing for all the quarters listed. Without specific numerical values for DOH in any of the periods, it is not possible to analyze the trend or assess the efficiency of Matador Resources Co's inventory management over time. Additional data is required to calculate the DOH ratio and provide meaningful insights into the company's inventory turnover and liquidity.