SkyWest Inc (SKYW)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		10.42	10.83	10.05	32.09	32.01
DOH	days	35.02	33.72	36.33	11.37	11.40

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 10.42
= 35.02

To analyze Skywest Inc.'s days of inventory on hand (DOH) over the past five years, we first note that specific numerical values are not available in the provided data. However, we can still glean insights by considering trends and patterns in the DOH metric.

Typically, a lower DOH indicates that the company is selling inventory more quickly, which can be a positive sign of operational efficiency. Conversely, a higher DOH may suggest slower inventory turnover, potentially leading to carrying costs and obsolescence risks.

To understand the trend in Skywest Inc.'s DOH, we would need additional information such as changes in the company's inventory management practices, sales volumes, and overall business strategy. Without these specifics, it is challenging to draw concrete conclusions about the company's inventory management efficiency solely from the data provided.

In a holistic assessment, it would be essential for stakeholders to monitor changes in Skywest Inc.'s DOH over time and compare them to industry benchmarks or competitors to gain a more comprehensive understanding of the company's inventory management performance.