Talos Energy (TALO)
Days of inventory on hand (DOH)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | — | 28.43 | 13.94 | 16.92 | |
DOH | days | — | — | 12.84 | 26.19 | 21.57 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Talos Energy have shown some fluctuations over the years. In December 31, 2020, the DOH was 21.57 days, indicating that the company held enough inventory to last for about 21.57 days based on its average daily cost of goods sold.
By December 31, 2021, the DOH increased to 26.19 days, suggesting that Talos Energy held inventory that would last for approximately 26.19 days at that point in time. This increase in DOH may indicate a build-up of inventory relative to sales activity.
In December 31, 2022, the DOH dropped significantly to 12.84 days. This decrease implies that Talos Energy managed to reduce its inventory levels relative to its cost of goods sold, potentially leading to improved inventory turnover and efficiency in managing its inventory.
There is no data available for December 31, 2023 and December 31, 2024, marked as "— days", suggesting that the specific DOH values for those years are not provided in the dataset.
In conclusion, the trend in Talos Energy's DOH indicates a mix of inventory management strategies and efficiency levels over the years, with variations in inventory holding periods that may impact the company's working capital and operational performance.
Peer comparison
Dec 31, 2024