Southwest Airlines Company (LUV)

Days of inventory on hand (DOH)

		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
Inventory turnover		26.05	25.25	27.81	26.39	23.47	22.58	22.01	24.54	26.14	24.53	24.58	23.70	27.36	30.21	33.02	29.42	29.36	30.95	32.15	33.75
DOH	days	14.01	14.46	13.13	13.83	15.55	16.16	16.58	14.87	13.96	14.88	14.85	15.40	13.34	12.08	11.05	12.41	12.43	11.79	11.35	10.81

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 26.05
= 14.01

Unfortunately, the table provided does not contain specific data for Southwest Airlines Co's days of inventory on hand (DOH) for the quarters listed. As DOH is a critical ratio for assessing a company's efficiency in managing its inventory, it is essential to track changes in this metric over time. Without the specific values for each quarter, a detailed analysis of Southwest Airlines Co's DOH trend and comparison with industry benchmarks cannot be conducted. It is recommended to gather the missing data to perform a thorough evaluation of the company's inventory management performance.