SkyWest Inc (SKYW)

Days of inventory on hand (DOH)

		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
Inventory turnover		10.35	11.18	11.30	11.13	10.77	9.56	10.23	15.13	19.57	27.42	29.95	28.14	32.05	31.92	33.09	33.92	31.97	33.39	35.19	35.48
DOH	days	35.25	32.65	32.31	32.81	33.90	38.16	35.68	24.13	18.65	13.31	12.19	12.97	11.39	11.43	11.03	10.76	11.42	10.93	10.37	10.29

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 10.35
= 35.25

As the days of inventory on hand (DOH) data for Skywest Inc. is not available in the provided table, it is not possible to conduct a detailed analysis of this particular ratio over the specified periods. The DOH ratio is a measure of how long a company typically holds inventory before selling it, indicating efficiency in managing inventory levels.

To provide a meaningful analysis of Skywest Inc.'s inventory management, it would be necessary to have the actual DOH figures for the periods mentioned. A low DOH value suggests that the company is efficiently managing its inventory turnover, while a high DOH value may indicate overstocking or slow-moving inventory.

In the absence of specific DOH data, the evaluation of Skywest Inc.'s inventory management efficiency remains inconclusive. It is recommended to obtain the complete financial information to thoroughly assess the company's performance in this aspect.