UP (Wheels Up Experience) Change In Inventory : $4.5 Mil (TTM As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Wheels Up Experience Change In Inventory?

Wheels Up Experience's change in inventory for the quarter that ended in Dec. 2024 was $3.1 Mil. It means Wheels Up Experience's inventory declined by $3.1 Mil from Sep. 2024 to Dec. 2024 .

Wheels Up Experience's change in inventory for the fiscal year that ended in Dec. 2024 was $4.5 Mil. It means Wheels Up Experience's inventory declined by $4.5 Mil from Dec. 2023 to Dec. 2024 .

Wheels Up Experience's Total Inventories for the quarter that ended in Dec. 2024 was $12.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wheels Up Experience's Days Inventory for the quarter that ended in Dec. 2024 was 8.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wheels Up Experience's Inventory Turnover for the quarter that ended in Dec. 2024 was 10.91.

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. Wheels Up Experience's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.08.

Wheels Up Experience Change In Inventory Historical Data

The historical data trend for Wheels Up Experience'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.

Wheels Up Experience Change In Inventory Chart

Wheels Up Experience Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

Get a 7-Day Free Trial

-0.64

-3.42

-51.16

15.70

4.53

Wheels Up Experience Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial													10.62	1.51	2.80	-2.86	3.08

Wheels Up Experience 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.5 Mil.

Wheels Up Experience (NYSE:UP) Change In Inventory Explanation

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

Wheels Up Experience's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	17.358	/	189.34	*	365 / 4
	=	8.37

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

Wheels Up Experience's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	189.34	/	17.358
	=	10.91

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.

Wheels Up Experience's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.358	/	204.815
	=	0.08

Wheels Up Experience Change In Inventory Related Terms

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

Wheels Up Experience Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wheels Up Experience Inc (NYSE:UP) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2135 American Way, Chamblee, GA, USA, 30341

Website

https://www.wheelsup.com

Wheels Up Experience Inc is a provider of on-demand private aviation in the United States. It is pioneering data and technology-driven solutions that connect consumers to safety-vetted and verified private aircraft. It connects private flyers to aircraft, and one another, through an open platform that enables life's most important experiences. Its offering is delivered through a mix of programmatic and charter options that strategically utilize its owned and leased aircraft fleet and an "asset-light" charter model to deliver a greater range of global travel alternatives. The company operates in a single operating and reportable segment, private aviation services. Geographically the company generates the majority of its revenue from the United States.

Executives

Mark Briffa	officer: Chief Commercial Officer	601 WEST 26TH ST. SUITE 900, NEW YORK NY 10001
Donald Lee Moak	director	601 WEST 26TH STREET, SUITE 900, NEW YORK NY 10001
Laura Heltebran	officer: Chief Legal Officer	C/O WHEELS UP EXPERIENCE INC., 601 WEST 26TH STREET, NEW YORK NY 10001
Knighthead Opportunities Capital Management, Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Andrew Stephen Davis	director	500 OLD DOMINION WAY, THOMASVILLE NC 27360
Certares Opportunities Llc	10 percent owner	350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Adam Ross Zirkin	director	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Jeffrey Nedelman	director	8501 WILLIAMS ROAD, ESTERO FL 33928
Alain Bellemare	director	C/O DELTA AIR LINES, INC., DEPT. 981, P.O. BOX 20574, ATLANTA GA 30320
Cantor Adam Corey	director	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Ck Wheels Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
George N Mattson	director	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Ck Opportunities Gp, Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Zachary George Lazar	director	350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Daniel C. Janki	director	5020 WESTON PARKWAY, SUITE 400, CARY NC 27513