Forward Air Corporation (FWRD)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		—	—	—	—	49.54
DOH	days	—	—	—	—	7.37

December 31, 2024 calculation

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

The days of inventory on hand (DOH) for Forward Air Corporation on December 31, 2020, was 7.37 days. The absence of data for subsequent years, from December 31, 2021, through December 31, 2024, indicates that the specific DOH values for those years are not available. Understanding DOH is crucial as it represents the number of days a company takes to sell its average inventory. A lower DOH typically suggests efficient inventory management, while a higher number may indicate excess inventory or slow inventory turnover. Monitoring this metric over time can provide insights into the company's inventory control and operations efficiency.