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.
Peer comparison
Dec 31, 2023