ArcBest Corp (ARCB)
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 | — | 58.56 | 53.49 | 43.32 | 43.80 | 53.68 | 51.87 | 37.90 | — | 49.90 | 40.41 | 34.32 | 36.29 | 35.21 | 36.01 | 32.47 | 36.13 | 57.64 | 51.20 | 46.90 | |
DOH | days | — | 6.23 | 6.82 | 8.43 | 8.33 | 6.80 | 7.04 | 9.63 | — | 7.31 | 9.03 | 10.63 | 10.06 | 10.37 | 10.14 | 11.24 | 10.10 | 6.33 | 7.13 | 7.78 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) ratio for ArcBest Corp is not available for any of the quarters provided. This lack of data on inventory turnover and average inventory levels makes it challenging to assess the company's efficiency in managing its inventory and turning it into sales.
Without the DOH figure, it is difficult to evaluate the company's inventory management practices, such as whether it maintains excessive inventory levels or faces challenges in selling off its goods promptly. In the absence of this key ratio, it is recommended that additional information or further analysis be conducted to gain a more comprehensive understanding of ArcBest Corp's inventory efficiency.
Peer comparison
Dec 31, 2023