Marten Transport Ltd (MRTN)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		69.54	81.75	82.85	103.64	92.57
DOH	days	5.25	4.47	4.41	3.52	3.94

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 69.54
= 5.25

To analyze Marten Transport, Ltd.'s days of inventory on hand (DOH) trend over the past five years, it is essential to have the specific numerical values for each year. Unfortunately, the table provided does not contain the actual DOH figures for Dec 31 of the respective years.

Therefore, without the actual values, it is challenging to provide a detailed and comprehensive analysis of Marten Transport, Ltd.'s DOH. It is recommended to refer to the financial statements or other sources to extract the DOH data and perform a thorough analysis to understand the company's inventory management efficiency over the years.