Global Crossing Airlines Group (Global Crossing Airlines Group) Inventory-to-Revenue : 0.00 (As of Mar. 2024)

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What is Global Crossing Airlines Group Inventory-to-Revenue?

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. Global Crossing Airlines Group's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.0 Mil. Global Crossing Airlines Group's Revenue for the three months ended in Mar. 2024 was $53.8 Mil. Global Crossing Airlines Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Global Crossing Airlines Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 stayed the same from Dec. 2023 (0.00) to Dec. 2023 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Global Crossing Airlines Group's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

Global Crossing Airlines Group Inventory-to-Revenue Historical Data

The historical data trend for Global Crossing Airlines Group's Inventory-to-Revenue 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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Global Crossing Airlines Group Inventory-to-Revenue Chart

Global Crossing Airlines Group Annual Data

Trend

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Dec23

Inventory-to-Revenue

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Global Crossing Airlines Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Global Crossing Airlines Group's Inventory-to-Revenue

For the Airlines subindustry, Global Crossing Airlines Group's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Global Crossing Airlines Group's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Global Crossing Airlines Group's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Global Crossing Airlines Group's Inventory-to-Revenue falls into.

Global Crossing Airlines Group Inventory-to-Revenue Calculation

Global Crossing Airlines Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (0	+	0)	/	1 )	/	160.122
=	0					/	160.122
=	0.00

Global Crossing Airlines Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

	Inventory-to-Revenue (Q: Mar. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Revenue (Q: Mar. 2024 )
=	( (0	+	0)	/	1 )	/	53.835
=	0					/	53.835
=	0.00

Global Crossing Airlines Group (OTCPK:JETMF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Global Crossing Airlines Group's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	48.737	*	365 / 4
	=	0.00

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

Global Crossing Airlines Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	48.737	/	0
	=

Global Crossing Airlines Group Inventory-to-Revenue Related Terms

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Global Crossing Airlines Group (Global Crossing Airlines Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Global Crossing Airlines Group Inc (OTCPK:JETMF) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

JETBF:USA JET.B:Canada JET:Canada

Address

4200 NW 36th Street, Building 5A, Miami International Airport, Miami, FL, USA, 33166

Website

https://www.globalairlinesgroup.com

Global Crossing Airlines Group Inc is an airline operator for both narrow and widebody aircraft around the world, utilizing the efficiencies of an Airbus A320/321 fleet. The company operates wet lease and ACMI flights for airlines and charter operations for tour operators, professional and college teams, and other groups.

Executives

Deborah Wallis Robinson	director	4200 NW 36TH ST., BLDG. 5A, 4TH FLOOR, MIAMI FL 33166
Ryan Goepel	director, officer: Chief Financial Officer	2333 PONCE DE LEON BLVD., SUITE 630, CORAL GABLES FL 33134
Axar Capital Management L.p.	director, 10 percent owner	402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Axar Gp, Llc	director, 10 percent owner	C/O AXAR CAPITAL MANAGEMENT, LP, 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Andrew Axelrod	director, 10 percent owner	C/O AXAR CAPITAL MANAGEMENT, LP, 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Joseph Jr. Dagrosa	director, 10 percent owner	311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
John Quelch	director	C/O INVERNESS MEDICAL INNOVATIONS INC, 51 SAWYER RD, WALTHAM MA 02453
Edward J Wegel	director, 10 percent owner, officer: Chief Executive Officer	1 GORHAM ISLAND, WESTPORT CT 06880
Mcartor Trusten Allan	director	200 FALCON RIDGE ROAD, GREAT FALLS VA 22066
Harrington Cordia	director	2975 ARMORY DRIVE, NASHVILLE TN 37204
William Shuster	director	4200 NW 36TH ST., BLDG. 5A, 4TH FLOOR, MIAMI FL 33166
Ronald Bevans	10 percent owner	4200 NW 36TH ST., BLDG. 5A, 4TH FLOOR, MIAMI FL 33166
Alan Geoffrey Bird	director	4200 NW 36TH ST., BLDG. 5A, 4TH FLOOR, MIAMI FL 33166
Juan Pablo Nunez	officer: Chief Operating Officer	4200 NW 36TH ST., BLDG. 5A, 4TH FLOOR, MIAMI FL 33166
David Griffith Ross	director	4200 NW 36TH ST., BLDG. 5A, 4TH FLOOR, MIAMI FL 33166