Westjet Airlines (Westjet Airlines) Change In Inventory : $0 Mil (TTM As of Sep. 2019)

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What is Westjet Airlines Change In Inventory?

Westjet Airlines's change in inventory for the quarter that ended in Sep. 2019 was $0 Mil. It means Westjet Airlines's inventory stayed the same from Jun. 2019 to Sep. 2019 .

Westjet Airlines's change in inventory for the fiscal year that ended in Dec. 2018 was $0 Mil. It means Westjet Airlines's inventory stayed the same from Dec. 2017 to Dec. 2018 .

Westjet Airlines's Total Inventories for the quarter that ended in Sep. 2019 was $42 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Westjet Airlines's Days Inventory for the quarter that ended in Sep. 2019 was 4.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Westjet Airlines's Inventory Turnover for the quarter that ended in Sep. 2019 was 18.65.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Westjet Airlines's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.04.

Westjet Airlines Change In Inventory Historical Data

The historical data trend for Westjet Airlines's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Westjet Airlines Change In Inventory Chart

Westjet Airlines Annual Data

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Change In Inventory

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Westjet Airlines Quarterly Data
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Westjet Airlines Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Westjet Airlines (OTCPK:WJAVF) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Westjet Airlines's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	39.957	/	745.348	*	365 / 4
	=	4.89

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Westjet Airlines's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	745.348	/	39.957
	=	18.65

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Westjet Airlines's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	39.957	/	1051.989
	=	0.04

Westjet Airlines Change In Inventory Related Terms

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Westjet Airlines (Westjet Airlines) Business Description

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Address

22 Aerial Place N.E., Calgary, AB, CAN, T2E 3J1

Website

http://www.westjet.com

WestJet is a Canadian airline based in Calgary, Alberta. WestJet operates WestJet Vacations, which provides air, hotel, car, and excursion packages and in 2013 launched WestJet Encore, a regional airline that operates Q400 turboprops, servicing smaller destinations. It also plans to launch an ultra-low-cost carrier (branded Swoop) in 2018. WestJet services over 100 destinations in North America, Central America, the Caribbean, and Europe. The carrier generated roughly CAD 4.5 billion in revenue in 2017.