Marten Transport Ltd (MRTN)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | 152.82 | — | — | — | 188.94 | — | — | — | — | — | — | — | 208.66 | — | — | — | |
| DOH | days | — | — | — | — | 2.39 | — | — | — | 1.93 | — | — | — | — | — | — | — | 1.75 | — | — | — |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) measure for Marten Transport Ltd indicates the average number of days it takes for the company to sell or use up its inventory. Looking at the provided data, we observe fluctuations in the DOH metric over the reporting periods.
As of December 31, 2020, Marten Transport Ltd had 1.75 days of inventory on hand, suggesting efficient management of its inventory levels. However, the DOH increased to 1.93 days by December 31, 2022, and further rose to 2.39 days by December 31, 2023. These increases may signal a slower turnover of inventory or possibly challenges in managing inventory levels optimally.
The presence of "— days" entries in several periods implies that specific data points are missing, making it difficult to gauge the trend accurately. Further data on these periods would be necessary to provide a more comprehensive analysis of the company's inventory management efficiency.
Overall, the fluctuations in Marten Transport Ltd's DOH metric indicate varying levels of effectiveness in managing their inventory throughout the reported periods. It would be crucial to monitor future trends in the DOH metric to assess the company's inventory management performance consistently.
Peer comparison
Dec 31, 2024