Viper Energy Ut (VNOM)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 548.94 | 6.04 | — | — | |
| DOH | days | — | 0.66 | 60.40 | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Days of Inventory on Hand (DOH) for Viper Energy Ut has exhibited significant fluctuations over the years.
As of December 31, 2020, and December 31, 2021, DOH data was not available, indicating a lack of inventory information for those periods.
On December 31, 2022, Viper Energy Ut had 60.40 days of inventory on hand, suggesting an increase in the time it takes to sell its inventory compared to the following years.
By December 31, 2023, the DOH decreased significantly to 0.66 days, indicating a more efficient management of inventory where the company is able to quickly turn over its inventory into sales.
As of December 31, 2024, data on DOH is once again unavailable, making it challenging to assess the company's inventory turnover for that period.
Overall, the DOH analysis reveals fluctuations in Viper Energy Ut's inventory management efficiency over the years, with a notable improvement in 2023 compared to 2022.
Peer comparison
Dec 31, 2024