From designboom:

“‘365’ is a knitting clock created by german designer siren elise wilhelmsen. according to wilhelmsen, time is a concept which unites us all, making it the lowest common denominator. on the one hand, time appears to be a as physical phenomenon, logical and easily divided into the past, present and future. on the other hand, time can be viewed very subjectively. how long a minute, an hour or a year takes can depend on how time is experienced in different situations. however, this does not alter the fact that a day has 24 hours, one hour
has 60 minutes and one minute has 60 seconds.”