Alaska Air Group Inc (ALK)

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		68.22	65.42	76.92	80.46	76.74	78.43	70.29	72.76	86.79	76.42	90.00	76.26	84.23	97.37	103.66	95.57	88.97	93.78	109.69	105.83
DOH	days	5.35	5.58	4.75	4.54	4.76	4.65	5.19	5.02	4.21	4.78	4.06	4.79	4.33	3.75	3.52	3.82	4.10	3.89	3.33	3.45

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 68.22
= 5.35

Unfortunately, the table provided does not contain specific data for calculating the days of inventory on hand (DOH) for Alaska Air Group Inc. As DOH is a crucial financial ratio used to assess how efficiently a company manages its inventory, the absence of this information hinders a detailed analysis of Alaska Air Group Inc.'s inventory management performance over the indicated periods.

To calculate the DOH ratio, the formula requires the cost of goods sold (COGS) and the average inventory over a specific period. Since the necessary data is not available in the table, a quantitative analysis determining the company's efficiency in managing its inventory turnover rate and assessing potential liquidity constraints from excess inventory levels cannot be conducted.

In the absence of the required information, further interpretation of Alaska Air Group Inc.'s DOH trend over the specified quarters or year-over-year comparisons is not possible. It is recommended to obtain the COGS and average inventory figures for the periods indicated to enable a comprehensive analysis of the company's inventory management efficiency and its impact on overall financial performance.