Landstar System Inc (LSTR)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | |
| DOH | days | — | — | — | — | — |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Based on the information provided, it appears that specific data for Landstar System Inc's days of inventory on hand (DOH) is not available. Without the DOH figures for the years listed (2023, 2022, 2021, 2020, and 2019), a detailed analysis of Landstar System Inc's inventory management efficiency and turnover rate cannot be conducted.
Days of inventory on hand (DOH) is a vital ratio in assessing a company's efficiency in managing its inventory. It measures the average number of days it takes for a company to sell its inventory or convert it into sales. A lower DOH figure generally indicates that a company is selling its inventory quickly, minimizing holding costs and potential obsolescence.
Without the specific DOH data for Landstar System Inc, it is challenging to evaluate the company's inventory management practices and trends over the years. To conduct a comprehensive analysis of Landstar System Inc's inventory turnover and efficiency, the company's financial statements or additional data would be required to calculate the days of inventory on hand figure.
It is recommended to further investigate the company's financial reports or request detailed information regarding Landstar System Inc's inventory turnover metrics to gain insights into its operational efficiency and inventory management effectiveness.
Peer comparison
Dec 31, 2023