Saia Inc (SAIA)

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 46.34 50.00 29.15 111.92
DOH days 7.88 7.30 12.52 3.26

December 31, 2024 calculation

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

The days of inventory on hand (DOH) for Saia Inc experienced fluctuations over the period from September 2022 to September 2024.

In September 2022, Saia Inc had 3.26 days of inventory on hand, indicating a relatively efficient inventory management process. This was followed by a significant increase to 12.52 days in December 2022, suggesting a build-up of inventory levels or potential issues with inventory turnover.

Subsequently, in September 2023, the DOH decreased to 7.30 days, reflecting a potential improvement in managing inventory levels. However, by September 2024, the DOH slightly increased to 7.88 days, indicating that Saia Inc may still be working on optimizing its inventory management strategy.

Overall, the fluctuations in Saia Inc's DOH suggest varying levels of efficiency in managing its inventory during the period under review. The company may need to focus on balancing inventory levels to ensure optimal operational performance and cost-effectiveness.