Valaris Ltd (VAL)
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 | 10.54 | 90.16 | 58.76 | 32.79 | 13.97 | 1.68 | 11.43 | 1.82 | — | — | — | 9.13 | 16.43 | 16.30 | 16.09 | 13.23 | 3.57 | 2.54 | 2.05 | 2.44 | |
| DOH | days | 34.64 | 4.05 | 6.21 | 11.13 | 26.13 | 217.70 | 31.94 | 200.30 | — | — | — | 39.97 | 22.22 | 22.39 | 22.69 | 27.59 | 102.14 | 143.76 | 177.98 | 149.31 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 10.54
= 34.64
Unfortunately, without specific numerical data for days of inventory on hand (DOH) for Valaris Ltd in Q4 2023, Q3 2023, Q2 2023, Q1 2023, and Q4 2022, it is not possible to provide a detailed and comprehensive analysis of the trend in DOH over time. In order to conduct a meaningful analysis of the company's inventory management efficiency, it is essential to have the specific numerical values for DOH in each period. Feel free to provide the data, and I would be happy to help analyze it further.
Peer comparison
Dec 31, 2023
Company name
Symbol
DOH
Valaris Ltd
VAL
34.64
Helmerich and Payne Inc
HP
19.32
Nabors Industries Ltd
NBR
26.52
Patterson-UTI Energy Inc
PTEN
209.39