Range Resources Corp (RRC)

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		1.51	3.77	4.10	5.08	—	—	28.53	274.85	—	30.39	69.93	70.78	74.40	618.25	147.19	11.08	164.82	110.26	107.72	126.57
DOH	days	241.42	96.73	89.09	71.90	—	—	12.79	1.33	—	12.01	5.22	5.16	4.91	0.59	2.48	32.94	2.21	3.31	3.39	2.88

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 1.51
= 241.42

To analyze Range Resources Corp's days of inventory on hand (DOH) over the past eight quarters, it is noted that specific numerical values are not provided in the table. Therefore, a detailed assessment of the trend or pattern in DOH over the given period cannot be conducted based on the data available. Without the exact numerical values, it is challenging to determine the company's efficiency in managing inventory levels or to compare its performance across quarters.

In order to provide a more in-depth analysis of Range Resources Corp's DOH, additional information or data points are required. Specifically, the actual numerical values of DOH for each quarter would be necessary to evaluate the company's inventory management practices and efficiency accurately.

Overall, the analysis of Range Resources Corp's DOH based on the available data is limited due to the absence of specific numerical figures in the table, which hinders a comprehensive evaluation of the trend or changes in inventory turnover over the specified period.