JB Hunt Transport Services Inc (JBHT)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 250.02 | — | — | — | 257.42 | — | — | — | 303.96 | — | — | — | 411.41 | — | — | — | 343.92 | — | — | 370.77 | |
| DOH | days | 1.46 | — | — | — | 1.42 | — | — | — | 1.20 | — | — | — | 0.89 | — | — | — | 1.06 | — | — | 0.98 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 250.02
= 1.46
The days of inventory on hand (DOH) ratio for JB Hunt Transport Services Inc has exhibited fluctuations over the years. As of December 31, 2024, the company had 1.46 days of inventory on hand, indicating that it takes approximately 1.46 days for the company to sell its inventory. This suggests efficient inventory management and a fast turnover of inventory.
However, it is essential to note that there are missing data points in the provided information, indicated by "\u2014 days" for multiple quarters. Without this data, a comprehensive trend analysis of JB Hunt's DOH ratio over time is limited. It is recommended to have complete and consistent data to accurately evaluate the company's inventory management performance and efficiency.
Peer comparison
Dec 31, 2024