Knight Transportation Inc (KNX)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		—	19.77	16.55	23.91	24.74
DOH	days	—	18.46	22.06	15.27	14.75

December 31, 2024 calculation

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

The days of inventory on hand (DOH) for Knight Transportation Inc have shown some fluctuation over the past five years. In 2020, the DOH was 14.75 days, indicating the company held inventory for about two weeks on average. By the end of 2021, the DOH increased slightly to 15.27 days, suggesting a slightly longer inventory holding period.

However, there was a significant spike in the DOH to 22.06 days by the end of 2022, signifying that Knight Transportation Inc held inventory for almost three weeks on average. This increase may indicate potential challenges in managing inventory levels efficiently or shifts in the company's supply chain operations.

In 2023, the DOH decreased to 18.46 days, showing some improvement in inventory management compared to the previous year. The data for 2024 indicates that the DOH figure is not available, denoted by "— days," making it challenging to assess the company's recent inventory holding trends.

Overall, fluctuations in the days of inventory on hand can provide insights into Knight Transportation Inc's inventory management efficiency, supply chain dynamics, and potential impacts on working capital management. Further analysis and contextual information would be necessary to fully assess the implications of these trends on the company's operations and financial performance.