Sun Country Airlines Holdings Inc (SNCY)
Days of inventory on hand (DOH)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Inventory turnover | 85.21 | 81.52 | 75.83 | |
| DOH | days | 4.28 | 4.48 | 4.81 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 85.21
= 4.28
Days of Inventory on Hand (DOH) is a crucial efficiency ratio that indicates the average number of days it takes for a company to convert its inventory into sales. Unfortunately, without the specific data values for Sun Country Airlines Holdings Inc for the years 2023, 2022, and 2021, a detailed analysis cannot be conducted.
In order to provide a thorough assessment of the company's inventory management efficiency, actual DOH figures for each year would need to be available for comparison and trend analysis. Based solely on the missing data, it is not possible to evaluate Sun Country Airlines Holdings Inc's efficiency in managing its inventory levels over the specified period.
To accurately evaluate the company's performance in this area, I recommend obtaining the specific DOH values for the respective years and calculating the changes in this ratio over time to assess any improvements or potential concerns in Sun Country Airlines Holdings Inc's inventory management efficiency.
Peer comparison
Dec 31, 2023