Valaris Ltd (VAL)
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 | — | 32.18 | — | — | 10.08 | 98.30 | 85.28 | 70.75 | 60.43 | 9.14 | 56.61 | 10.09 | 36.03 | 11.37 | 10.58 | 6.48 | 6.61 | 6.43 | 6.44 | 6.31 | |
| DOH | days | — | 11.34 | — | — | 36.22 | 3.71 | 4.28 | 5.16 | 6.04 | 39.93 | 6.45 | 36.17 | 10.13 | 32.09 | 34.51 | 56.37 | 55.22 | 56.77 | 56.68 | 57.84 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Valaris Ltd has shown fluctuations over the years as per the provided data.
From March 31, 2020, to December 31, 2021, the DOH ranged from around 10 to 57 days, indicating potential changes in inventory management efficiency within this period. The significant decrease in DOH from December 31, 2021, to June 30, 2022, from 10.13 to 6.45 days may suggest improved inventory turnover and more effective inventory management practices.
There was a notable increase in DOH from June 30, 2022, to December 31, 2023, reaching 36.22 days. This increase suggests a possible buildup of inventory levels during this period, which could indicate challenges in sales or production forecasting.
The subsequent decrease in DOH from March 31, 2023, to September 30, 2023, down to 3.71 days, indicates a swift reduction in inventory levels, potentially reflecting adjustments made by the company to align with demand or production efficiency.
The data shows missing values for the DOH on March 31, 2024, June 30, 2024, and December 31, 2024. These missing values could be due to various reasons such as data availability or reporting constraints.
In conclusion, the analysis of Valaris Ltd's days of inventory on hand reveals fluctuations over time, indicating varying inventory management practices and efficiency levels within the company.
Peer comparison
Dec 31, 2024