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. Allegiant Travel Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $37 Mil. Allegiant Travel Co's Revenue for the
three
months ended in Dec. 2023 was $611 Mil.
Allegiant Travel Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.
Allegiant Travel Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.07) to Sep. 2023 (0.06)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Allegiant Travel Co's Days Inventory for the
three
months ended in Dec. 2023 was 6.55.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Allegiant Travel Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 13.93.
Allegiant Travel Co Inventory-to-Revenue Historical Data
The historical data trend for Allegiant Travel Co'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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Allegiant Travel Co Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Inventory-to-Revenue
0.01
0.03
0.02
0.01
0.01
Allegiant Travel Co Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Inventory-to-Revenue
0.06
0.05
0.05
0.07
0.06
Competitive Comparison
For the Airlines subindustry, Allegiant Travel Co'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.
Allegiant Travel Co Inventory-to-Revenue Distribution
For the Transportation industry and Industrials sector, Allegiant Travel Co's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Allegiant Travel Co's Inventory-to-Revenue falls into.
Allegiant Travel Co Inventory-to-Revenue Calculation
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.
Allegiant Travel Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Allegiant Travel Co (NAS:ALGT) 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.
Allegiant Travel Co's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
Allegiant Travel Co Inventory-to-Revenue Related Terms
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Allegiant Travel Co (Allegiant Travel Co) Business Description
Allegiant Travel Co provides travel services in the United States. It sells air transportation on a stand-alone basis or bundled with air-related and third-party services and products. Customers may also purchase fixed-fee flying arrangements to receive charter service on a year-round and ad hoc basis. Additionally, customers may purchase hotel rooms, ground transportation, and other attractions (for example, entertainment show tickets) to accommodate a trip. The company's operating segment includes Airline, Sunseeker Resort, and other non-airline. Customers purchase travel tickets at airport ticket counters, online, or through its telephone reservation center.
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