Old Dominion Freight Line Inc (ODFL)

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		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
DOH	days	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

The data provided for Old Dominion Freight Line Inc shows "— days" for days of inventory on hand for various quarters spanning from March 31, 2020, to December 31, 2024. The absence of specific values for the days of inventory on hand indicates that there is incomplete or missing information in the dataset. Without actual numerical values present, it is not possible to calculate or analyze the efficiency of Old Dominion Freight Line's inventory management over the specified period.

As a financial analyst, a complete dataset featuring actual numbers for days of inventory on hand would be necessary to assess the company's inventory turnover rate, inventory holding costs, and overall inventory management efficiency. This ratio is crucial as it helps in understanding how quickly a company sells its inventory and how well it manages its inventory levels. It provides insights into the liquidity and operational efficiency of the company.

In conclusion, based on the provided data description, a comprehensive analysis of Old Dominion Freight Line Inc's days of inventory on hand cannot be conducted due to the lack of specific values for the mentioned quarters. Additional information or updated data would be required to perform a detailed evaluation of the company's inventory management effectiveness.