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.