Expeditors International of Washington, Inc. (EXPD)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		—	—	57.85	14.54	25.72
DOH	days	—	—	6.31	25.10	14.19

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The days of inventory on hand (DOH) for Expeditors International of Washington, Inc. have fluctuated over the past few years.

As of December 31, 2020, the company had an inventory turnover of approximately 14.19 days, indicating that it takes about 14 days for the company to sell its inventory.

By December 31, 2021, the DOH had increased to 25.10 days, suggesting that the company was taking longer to sell its inventory compared to the previous year.

However, by December 31, 2022, the DOH had decreased significantly to 6.31 days, indicating that the company was managing its inventory more efficiently and selling its products quickly.

Unfortunately, the data for December 31, 2023, and December 31, 2024, is not available (denoted by "— days"), making it difficult to assess the trend in inventory management for those years.

Overall, based on the available data, Expeditors International of Washington, Inc. has shown variability in its inventory management efficiency, with efforts to improve inventory turnover evident in some periods.