JetBlue Airways Corp (JBLU)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 29.38 | 79.92 | 88.34 | 76.85 | 57.49 | |
| DOH | days | 12.42 | 4.57 | 4.13 | 4.75 | 6.35 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 29.38
= 12.42
JetBlue Airways Corp's days of inventory on hand (DOH) has exhibited a decreasing trend over the years, indicating an improvement in inventory management efficiency. From December 31, 2020, to December 31, 2024, the DOH decreased from 6.35 days to 12.42 days. This reduction suggests that JetBlue is holding less inventory relative to its sales, which can lead to lower holding costs and potentially free up cash flow for other investments. However, the sudden increase in DOH in December 31, 2024, should be further investigated to understand the reasons behind the significant change. Overall, a decreasing trend in DOH is a positive indicator of effective inventory management for JetBlue Airways Corp.
Peer comparison
Dec 31, 2024