Sun Country Airlines Holdings Inc (SNCY)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Inventory turnover | 66.23 | 85.21 | 81.52 | 75.83 | |
| DOH | days | 5.51 | 4.28 | 4.48 | 4.81 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 66.23
= 5.51
The days of inventory on hand (DOH) for Sun Country Airlines Holdings Inc have shown a slight decrease over the years, from 4.81 days as of December 31, 2021, to 4.48 days as of December 31, 2022, and further declining to 4.28 days as of December 31, 2023. However, there was a slight increase to 5.51 days as of December 31, 2024. Overall, the trend suggests that the company has been efficient in managing its inventory levels, with a generally low number of days of inventory on hand, although there was a slight deviation in 2024. The company may have implemented effective inventory management strategies to control costs and optimize operational efficiency.
Peer comparison
Dec 31, 2024