Permian Resources Corporation (PR)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | 7.09 | — | — | |
| DOH | days | — | — | 51.49 | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Permian Resources Corporation has shown variation over the years. As of December 31, 2020, and December 31, 2021, specific data for DOH was not provided. On December 31, 2022, the company had 51.49 days of inventory on hand. However, no data was available for December 31, 2023, and December 31, 2024.
The DOH ratio indicates the number of days a company holds its inventory before selling it, illustrating the efficiency of inventory management. A higher DOH could imply excess inventory levels, leading to increased storage costs and potential obsolescence risks. On the other hand, a lower DOH may indicate efficient inventory turnover but could pose challenges in meeting customer demand promptly.
In the absence of data for certain years, a complete trend analysis or comparison with industry benchmarks is not feasible. However, the information available suggests that on December 31, 2022, Permian Resources Corporation had 51.49 days of inventory on hand, indicating the company held inventory for approximately 51.49 days before selling it.
Peer comparison
Dec 31, 2024