Volatus Aerospace (TSXV:FLT) Change In Inventory : C$-0.11 Mil (TTM As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Volatus Aerospace Change In Inventory?

Volatus Aerospace's change in inventory for the quarter that ended in Sep. 2024 was C$-0.22 Mil. It means Volatus Aerospace's inventory increased by C$0.22 Mil from Jun. 2024 to Sep. 2024 .

Volatus Aerospace's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.78 Mil. It means Volatus Aerospace's inventory declined by C$0.78 Mil from Dec. 2022 to Dec. 2023 .

Volatus Aerospace's Total Inventories for the quarter that ended in Sep. 2024 was C$3.06 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Volatus Aerospace's Days Inventory for the quarter that ended in Sep. 2024 was 61.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Volatus Aerospace's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.48.

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. Volatus Aerospace's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.45.

Volatus Aerospace Change In Inventory Historical Data

The historical data trend for Volatus Aerospace'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.

* Premium members only.

Volatus Aerospace Change In Inventory Chart

Volatus Aerospace Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.23

-0.54

0.78

Volatus Aerospace Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial														0.32	-0.03	0.04	0.10	-0.22

Volatus Aerospace 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.11 Mil.

Volatus Aerospace (TSXV:FLT) Change In Inventory Explanation

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

Volatus Aerospace's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.947	/	4.367	*	365 / 4
	=	61.58

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

Volatus Aerospace's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.367	/	2.947
	=	1.48

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.

Volatus Aerospace's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.947	/	6.619
	=	0.45

Volatus Aerospace Change In Inventory Related Terms

Thank you for viewing the detailed overview of Volatus Aerospace's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Volatus Aerospace Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Volatus Aerospace Inc (TSXV:FLT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

TAKOF:USA ABB:Germany

Address

60 Airport Road, Lake Simcoe Regional Airport, Oro-Medonte, ON, CAN, L0L 2E0

Website

https://www.volatusaerospace.com

Volatus Aerospace Inc is a leader in innovative global aerial solutions for intelligence and cargo. With deep technological and subject matter expertise and over 100 years of combined institutional knowledge in aviation, Volatus provides meaningful aerial solutions for end users across various industries using piloted and remotely piloted aircraft systems (RPAS or drones). It is committed to enhancing operational efficiency, safety, and sustainability through innovative, real-world aerial solutions.

Volatus Aerospace Headlines

No Headlines