Werner Enterprises Inc (WERN)

Days of inventory on hand (DOH)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Inventory turnover		124.11	131.57	143.00	155.34	155.45	169.06	164.96	153.55	152.39	129.76	115.92	112.07	111.83	146.73	161.64	177.41	155.48	147.92	139.70	148.97
DOH	days	2.94	2.77	2.55	2.35	2.35	2.16	2.21	2.38	2.40	2.81	3.15	3.26	3.26	2.49	2.26	2.06	2.35	2.47	2.61	2.45

December 31, 2023 calculation

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

The information provided does not include specific data on Werner Enterprises, Inc.'s days of inventory on hand (DOH) for the mentioned periods. As the DOH ratio is a key metric indicating the average number of days a company holds its inventory before selling it, its absence limits a detailed analysis of the company's inventory management efficiency over time. To assess performance in this area, future reports should include DOH figures to enable a comprehensive evaluation of Werner Enterprises, Inc.'s inventory turnover and operational effectiveness.