SunCoke Energy Inc (SXC)

Days of inventory on hand (DOH)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Inventory turnover		9.21	8.87	8.49	9.53	9.64	8.33	8.48	7.11	9.16	7.09	6.82	6.09	8.81	8.30	7.19	7.48	8.28	8.70	8.95	8.49
DOH	days	39.63	41.14	42.98	38.30	37.86	43.81	43.02	51.35	39.85	51.50	53.56	59.90	41.43	43.99	50.77	48.81	44.08	41.93	40.78	42.98

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 9.21
= 39.63

SunCoke Energy Inc's Days of Inventory on Hand (DOH) shows the average number of days it takes for the company to sell its inventory. A lower DOH indicates efficient inventory management while a higher DOH suggests slower turnover.

Analyzing the DOH trend for SunCoke Energy Inc from March 31, 2020, to December 31, 2024, we observe fluctuations in inventory management efficiency. The DOH ranged from a low of 37.86 days on December 31, 2023, to a high of 59.90 days on March 31, 2022.

The average DOH over this period was approximately 45.88 days, indicating that, on average, the company holds its inventory for around 46 days before selling it. It is noteworthy that the DOH peaked in the first quarter of 2022 and gradually decreased towards the end of 2024, reaching 39.63 days on December 31, 2024.

SunCoke Energy Inc should continue monitoring and optimizing its inventory management processes to maintain an optimal balance between holding enough inventory to meet demand and reducing excess inventory to improve cash flow and profitability.