Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Change In Inventory : $-50 Mil (TTM As of Dec. 2023)

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What is Gol Linhas Aereas Inteligentes Change In Inventory?

Gol Linhas Aereas Inteligentes's change in inventory for the quarter that ended in Dec. 2023 was $-49 Mil. It means Gol Linhas Aereas Inteligentes's inventory increased by $49 Mil from Sep. 2023 to Dec. 2023 .

Gol Linhas Aereas Inteligentes's change in inventory for the fiscal year that ended in Dec. 2023 was $-49 Mil. It means Gol Linhas Aereas Inteligentes's inventory increased by $49 Mil from Dec. 2022 to Dec. 2023 .

Gol Linhas Aereas Inteligentes's Total Inventories for the quarter that ended in Dec. 2023 was $73 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gol Linhas Aereas Inteligentes's Days Inventory for the quarter that ended in Dec. 2023 was 9.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gol Linhas Aereas Inteligentes's Inventory Turnover for the quarter that ended in Dec. 2023 was 9.34.

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. Gol Linhas Aereas Inteligentes's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

Gol Linhas Aereas Inteligentes Change In Inventory Historical Data

The historical data trend for Gol Linhas Aereas Inteligentes'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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Gol Linhas Aereas Inteligentes Change In Inventory Chart

Gol Linhas Aereas Inteligentes Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-5.18

0.56

-13.20

-33.20

-49.25

Gol Linhas Aereas Inteligentes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-4.47	5.77	3.39	-9.53	-49.13

Gol Linhas Aereas Inteligentes 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-50 Mil.

Gol Linhas Aereas Inteligentes (OTCPK:GOLLQ) Change In Inventory Explanation

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

Gol Linhas Aereas Inteligentes's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	73.1375	/	683.06	*	365 / 4
	=	9.77

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

Gol Linhas Aereas Inteligentes's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	683.06	/	73.1375
	=	9.34

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.

Gol Linhas Aereas Inteligentes's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	73.1375	/	1029.115
	=	0.07

Gol Linhas Aereas Inteligentes Change In Inventory Related Terms

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Gol Linhas Aereas Inteligentes (Gol Linhas Aereas Inteligentes) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gol Linhas Aereas Inteligentes SA (OTCPK:GOLLQ) » Definitions » Change In Inventory

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Traded in Other Exchanges

GOQN:Germany GOLL4:Brazil

Address

S/N, Portaria 3, Jardim Aeroporto, Praca Comandante Linneu Gomes, Sao Paulo, SP, BRA, 04626-020

Website

https://www.voegol.com.br

Gol Intelligent Airlines Inc is a Brazilian airline company. It operates in two segments, flight transportation which offers air transportation services and the smiles loyalty program segment which includes redemption of miles traveled for purchasing flight tickets. The company's revenue derives from transporting passengers on aircraft. The company operate both domestic and international flights from which the majority of revenues come in from domestic operations.