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.
Peer comparison
Dec 31, 2024