Schneider National Inc (SNDR)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 54.00 | 41.90 | 107.24 | 176.91 | 90.69 | |
| DOH | days | 6.76 | 8.71 | 3.40 | 2.06 | 4.02 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 54.00
= 6.76
The days of inventory on hand (DOH) for Schneider National Inc decreased from 4.02 days as of December 31, 2020, to 2.06 days as of December 31, 2021, indicating a significant improvement in the management of inventory levels. However, the DOH increased to 3.40 days by December 31, 2022, before experiencing a notable spike to 8.71 days by December 31, 2023. This increase suggests a potential buildup of inventory or slower inventory turnover during that period.
By December 31, 2024, the DOH decreased to 6.76 days, although it remained higher than the levels seen in the earlier years. Overall, the trend in DOH for Schneider National Inc exhibits fluctuations over the years, indicating fluctuations in inventory management efficiency and potentially highlighting the need for closer monitoring and optimization of inventory levels to ensure optimal operations.
Peer comparison
Dec 31, 2024