Knight Transportation Inc (KNX)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		—	13.96	17.32	17.98	18.15
DOH	days	—	26.14	21.08	20.30	20.11

December 31, 2023 calculation

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

To analyze Knight-Swift Transportation Holdings Inc's days of inventory on hand (DOH), we first note that the provided table lacks specific data for DOH for the years 2023, 2022, 2021, 2020, and 2019. Without the exact values for DOH, a detailed analysis of trends and patterns over time is not feasible.

In general, the days of inventory on hand ratio indicates how many days, on average, a company holds its inventory before selling it. A lower DOH suggests efficient inventory management, while a higher DOH may indicate slow-moving inventory or potential obsolescence risks.

To provide a comprehensive analysis of Knight-Swift Transportation Holdings Inc's DOH, we would need access to the specific values for each year in the table. With this data, we could assess the company's inventory management effectiveness, identify any significant fluctuations, and compare the DOH to industry benchmarks for further insights into operational efficiency and financial performance.