Saia Inc (SAIA)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | — | — | 29.15 | 60.69 | 56.99 | |
| DOH | days | — | — | 12.52 | 6.01 | 6.40 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Saia Inc's days of inventory on hand (DOH) has shown some fluctuations over the years. In December 31, 2020, the company had an average of 6.40 days of inventory on hand, which decreased slightly to 6.01 days by December 31, 2021. However, there was a considerable increase to 12.52 days by December 31, 2022, indicating that the company may have been holding more inventory relative to its sales.
The absence of data for December 31, 2023 and December 31, 2024 does not allow for further analysis of Saia Inc's DOH trend during those periods. It is essential for the company to monitor and manage its inventory levels effectively to ensure optimal utilization of resources and maintain profitability. fluctuations in DOH can have implications for working capital management, storage costs, and potential obsolescence of inventory.
Peer comparison
Dec 31, 2024