Southwest Airlines Co (Southwest Airlines Co) Change In Inventory

: $0 Mil (TTM As of Dec. 2023)

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Southwest Airlines Co's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Southwest Airlines Co's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Southwest Airlines Co's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Southwest Airlines Co's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Southwest Airlines Co's Total Inventories for the quarter that ended in Dec. 2023 was $807 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Southwest Airlines Co's Days Inventory for the quarter that ended in Dec. 2023 was 12.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Southwest Airlines Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 7.59.

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. Southwest Airlines Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.12.

Southwest Airlines Co Change In Inventory Historical Data

The historical data trend for Southwest Airlines Co'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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Southwest Airlines Co Annual Data

Trend

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Dec23

Change In Inventory

Southwest Airlines Co 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																-	-	-	-	-

Southwest Airlines Co 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 $0 Mil.

Southwest Airlines Co (NYSE:LUV) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	803	/	6096	*	365 / 4
	=	12.02

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

Southwest Airlines Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6096	/	803
	=	7.59

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.

Southwest Airlines Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	803	/	6823
	=	0.12

Southwest Airlines Co Change In Inventory Related Terms

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Southwest Airlines Co (Southwest Airlines Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Southwest Airlines Co (NYSE:LUV) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

LUV:Mexico SWN:Germany SWN:Germany S1OU34:Brazil LUV:Austria

Address

P.O. Box 36611, Dallas, TX, USA, 75235-1611

Website

https://www.southwest.com

Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.

Executives

Roy Blunt	director	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Elaine Mendoza	director	2223 POSTOAK COURT, SAN ANTONIO TX 78248
Eduardo F Conrado	director	1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196
Ryan C. Green	officer: EVP, Chief Commercial Officer	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Jill A. Soltau	director	123 SOUTH FRONT STREET, MEMPHIS TN 38103
John T Montford	director	C/O SOUTHWEST AIRLINES CO, 2702 LOVE FIELD DR PO BOX 36611, DALLAS TX 75235-1611
Christopher P. Reynolds	director	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
David P Hess	director	390 PARK AVENUE, NEW YORK NY 10022
Thomas W. Gilligan	director	C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Linda B. Rutherford	officer: EVP People and Communications	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Robert E Jordan	officer: EVP - Strategy and Planning	C/O SOUTHWEST AIRLINES CO., 2702 LOVE FIELD DRIVE, DALLAS TX 75235
Gregory D Wells	officer: EVP, Daily Operations	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Alan Kasher	officer: EVP Daily Operations	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Mark R Shaw	officer: SVP,Gen Counsel,Corp.Secretary	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Tammy Romo	officer: SR VP Finance & CFO	C/O SOUTHWEST AIRINES CO., 2702 LOVE FIELD DR., DALLAS TX 75235