Schneider National Inc (SNDR)

Days of inventory on hand (DOH)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Inventory turnover		54.72	60.10	55.25	54.21	42.21	44.18	62.01	105.22	107.24	131.25	165.56	163.25	176.91	184.80	197.83	162.66	90.69	69.25	70.54	68.02
DOH	days	6.67	6.07	6.61	6.73	8.65	8.26	5.89	3.47	3.40	2.78	2.20	2.24	2.06	1.98	1.85	2.24	4.02	5.27	5.17	5.37

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 54.72
= 6.67

The days of inventory on hand (DOH) for Schneider National Inc have shown fluctuations over the past several quarters.

From March 31, 2020, to December 31, 2021, the company recorded a gradual decrease in DOH from 5.37 days to 2.06 days, indicating an efficient management of inventory levels. However, from March 31, 2022, to September 30, 2023, there was a slight increase in DOH, reaching a peak of 8.65 days by December 31, 2023.

Subsequently, the company managed to reduce the DOH to around 6.61 days by June 30, 2024. This indicates that Schneider National Inc may have faced challenges in managing inventory efficiently during this period but has taken steps to improve the situation.

Overall, sustained monitoring and evaluation of inventory management practices will be crucial for Schneider National Inc to maintain optimal levels of inventory on hand, ensuring efficient operations and working capital management.