GATX Corporation (GATX)

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		8.02	—	—	—	10.02	—	1.00	—	10.93	—	—	—	12.79	—	—	—	12.68	—	—	—
DOH	days	45.52	—	—	—	36.44	—	366.66	—	33.40	—	—	—	28.54	—	—	—	28.80	—	—	—

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 8.02
= 45.52

Days of inventory on hand (DOH) is a key ratio that measures the average number of days a company holds inventory before it is sold. Unfortunately, without the specific numerical data for GATX Corp.'s DOH from the table provided, a detailed analysis cannot be conducted at this time. To provide a meaningful analysis, the actual numerical values for DOH from each quarter are required in order to compare trends over time, benchmark against industry standards, and evaluate the efficiency of GATX Corp.'s inventory management practices.