Expeditors International of Washington Inc (EXPD)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | 57.73 | 14.51 | 27.23 | 54.42 | |
| DOH | days | — | 6.32 | 25.16 | 13.41 | 6.71 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) ratio for Expeditors International Of Washington, Inc. is not calculable from the provided data. In order to compute this ratio, we would need the values of average inventory for each respective year along with cost of goods sold (COGS) for each period. DOH is a measure of how many days a company takes to sell its average inventory. A higher DOH may indicate slower inventory turnover and potential inventory management issues, while a lower DOH may suggest efficient management of inventory levels. Without the necessary data, it is not possible to evaluate Expeditors International Of Washington, Inc.'s performance in managing its inventory effectively.
Peer comparison
Dec 31, 2023