Knight Transportation Inc (KNX)

Inventory turnover

		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
Cost of revenue (ttm)	US$ in thousands	5,413,270	5,030,680	4,734,340	4,808,580	4,769,744	4,251,784	4,034,815	3,625,348	3,290,597	3,010,657	2,775,839	2,704,419	2,692,057	2,591,485	2,654,085	2,759,828	2,853,977	2,894,650	2,958,854	3,014,727
Inventory	US$ in thousands	—	470,609	859,383	362,112	341,650	262,397	209,905	235,239	191,780	172,186	136,547	143,934	149,734	145,525	142,011	145,768	154,189	181,312	173,262	169,368
Inventory turnover		—	10.69	5.51	13.28	13.96	16.20	19.22	15.41	17.16	17.48	20.33	18.79	17.98	17.81	18.69	18.93	18.51	15.97	17.08	17.80

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $5,413,270K ÷ $—K
= —

As the data provided does not include specific figures for inventory turnover for Knight-Swift Transportation Holdings Inc for the given quarters, it is not possible to calculate or analyze the inventory turnover ratio. The absence of this data prohibits a detailed assessment of the company's efficiency in managing its inventory during the specified periods. Further insights into the company's performance in this key area would require access to the relevant financial statements or additional information.