Saia Inc (SAIA)

Inventory turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Cost of revenue (ttm)	US$ in thousands	1,485,499	1,424,353	1,374,202	1,353,148	1,339,840	1,327,223	1,304,904	1,280,330	1,233,813	1,197,244	1,168,158	1,123,798	1,117,005	1,099,501	1,096,251	1,104,312	1,083,934	1,048,474	1,020,619	999,355
Inventory	US$ in thousands	—	28,485	—	—	45,963	11,859	0	—	—	—	—	—	—	—	—	—	—	—	—	—
Inventory turnover		—	50.00	—	—	29.15	111.92	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2023 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $1,485,499K ÷ $—K
= —

As the provided data table does not include specific figures for Saia Inc.'s inventory turnover for the respective quarters, a detailed analysis cannot be conducted at this time. It is important to calculate inventory turnover by dividing the cost of goods sold by the average inventory for each quarter to assess how efficiently the company is managing its inventory levels and generating sales from its inventory. By tracking inventory turnover over time, analysts can identify trends and evaluate the effectiveness of inventory management strategies within the company. For a more in-depth evaluation of Saia Inc.'s inventory turnover, specific numerical data from the quarters would be required.