Blade Air Mobility (Blade Air Mobility) Days Inventory : 0.00 (As of Mar. 2024)

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What is Blade Air Mobility Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Blade Air Mobility's Average Total Inventories for the three months ended in Mar. 2024 was $0.00 Mil. Blade Air Mobility's Cost of Goods Sold for the three months ended in Mar. 2024 was $41.38 Mil. Hence, Blade Air Mobility's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Blade Air Mobility's Days Inventory or its related term are showing as below:

BLDEW's Days Inventory is not ranked ^*
in the Transportation industry.
Industry Median: 11.4
* Ranked among companies with meaningful Days Inventory only.

Blade Air Mobility's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

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

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. Blade Air Mobility's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Blade Air Mobility Days Inventory Historical Data

The historical data trend for Blade Air Mobility's Days 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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Blade Air Mobility Days Inventory Chart

Blade Air Mobility Annual Data

Trend

Sep19

Sep20

Sep21

Dec22

Dec23

Days Inventory

Blade Air Mobility Quarterly Data
	Sep19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of Blade Air Mobility's Days Inventory

For the Airports & Air Services subindustry, Blade Air Mobility's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Blade Air Mobility's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Blade Air Mobility's Days Inventory distribution charts can be found below:

* The bar in red indicates where Blade Air Mobility's Days Inventory falls into.

Blade Air Mobility Days Inventory Calculation

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

Blade Air Mobility's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	183.058	*	365
=	0					/	183.058	*	365
=	0.00

Blade Air Mobility's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	41.375	*	365 / 4
=	0					/	41.375	*	365 / 4
=	0.00

Blade Air Mobility (NAS:BLDEW) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Blade Air Mobility's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41.375	/	0
	=

2. 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.

Blade Air Mobility's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	51.514
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Blade Air Mobility Days Inventory Related Terms

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Blade Air Mobility (Blade Air Mobility) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Blade Air Mobility Inc (NAS:BLDEW) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BLDE:USA

Address

55 Hudson Yards, 14th Floor, New York, NY, USA, 10016

Website

https://www.blade.com

Blade Air Mobility Inc is a technology-powered air mobility platform that provides consumers with a cost-effective and time-efficient alternative to ground transportation for congested routes. The company's Passenger reporting segment arranges charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes operating in various locations throughout the United States and abroad. The company's Medical reporting segment includes air medical transporters of human organs in the United States, providing end-to-end logistics for transplant centers and organ procurement organizations utilizing helicopters, jets, turboprops and ground vehicles.