Werner Enterprises Inc (WERN)

Days of inventory on hand (DOH)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Inventory turnover		124.11	155.45	163.86	111.83	155.48
DOH	days	2.94	2.35	2.23	3.26	2.35

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 124.11
= 2.94

The days of inventory on hand (DOH) metric for Werner Enterprises, Inc. is not provided in the data table. DOH is a measure of how many days a company takes to sell its average inventory. Without specific numerical values for each year, it is challenging to analyze the trend of this ratio over time. DOH is an important indicator of inventory management efficiency, with lower values typically indicating faster inventory turnover and potentially more effective working capital management. For a more in-depth analysis and insights into how Werner Enterprises, Inc. manages its inventory, it would be necessary to access the specific numerical data for each year to calculate and interpret the DOH ratio.