Delta Air Lines Inc (DAL)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 25.14 | 19.94 | 26.93 | 72.46 | 35.19 | |
| DOH | days | 14.52 | 18.31 | 13.55 | 5.04 | 10.37 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 25.14
= 14.52
Based on the data provided, the days of inventory on hand (DOH) for Delta Air Lines, Inc. are not available for the years listed. Without this specific metric, it is difficult to assess the efficiency of Delta Air Lines in managing its inventory levels and its ability to turn inventory into sales within a certain period.
It is important to note that a lower DOH ratio typically indicates that a company is managing its inventory efficiently, as it suggests that inventory is being sold quickly. Conversely, a higher DOH ratio may indicate that a company is holding excess inventory, which could tie up working capital and lead to potential obsolescence risks.
Without the specific DOH values for Delta Air Lines, Inc., it is challenging to provide a detailed analysis of its inventory management performance over the years. It could be beneficial for stakeholders and investors to review additional financial ratios and information to gain a more comprehensive understanding of the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2023