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Chorus Aviation (FRA:1H00) Days Inventory : 42.64 (As of Dec. 2024)


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What is Chorus Aviation Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chorus Aviation's Average Total Inventories for the three months ended in Dec. 2024 was €93.1 Mil. Chorus Aviation's Cost of Goods Sold for the three months ended in Dec. 2024 was €199.1 Mil. Hence, Chorus Aviation's Days Inventory for the three months ended in Dec. 2024 was 42.64.

The historical rank and industry rank for Chorus Aviation's Days Inventory or its related term are showing as below:

FRA:1H00' s Days Inventory Range Over the Past 10 Years
Min: 12.87   Med: 25.45   Max: 57.16
Current: 45.9

During the past 13 years, Chorus Aviation's highest Days Inventory was 57.16. The lowest was 12.87. And the median was 25.45.

FRA:1H00's Days Inventory is ranked worse than
83.2% of 774 companies
in the Transportation industry
Industry Median: 11.97 vs FRA:1H00: 45.90

Chorus Aviation's Days Inventory declined from Dec. 2023 (53.20) to Dec. 2024 (42.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chorus Aviation's Inventory Turnover for the three months ended in Dec. 2024 was 2.14.

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. Chorus Aviation's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.39.


Chorus Aviation Days Inventory Historical Data

The historical data trend for Chorus Aviation'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.

* Premium members only.

Chorus Aviation Days Inventory Chart

Chorus Aviation Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.35 33.84 29.53 55.35 57.82

Chorus Aviation Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.20 46.67 41.06 43.73 42.64

Competitive Comparison of Chorus Aviation's Days Inventory

For the Airports & Air Services subindustry, Chorus Aviation'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.


Chorus Aviation's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Chorus Aviation's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chorus Aviation's Days Inventory falls into.



Chorus Aviation Days Inventory Calculation

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

Chorus Aviation's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (141.168 + 99.668) / 2 ) / 760.18*365
=120.418 / 760.18*365
=57.82

Chorus Aviation's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (86.443 + 99.668) / 2 ) / 199.12*365 / 4
=93.0555 / 199.12*365 / 4
=42.64

* 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.


Chorus Aviation  (FRA:1H00) 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.

Chorus Aviation's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

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.

Chorus Aviation's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

* 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.


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.


Chorus Aviation Days Inventory Related Terms

Thank you for viewing the detailed overview of Chorus Aviation's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Chorus Aviation Business Description

Traded in Other Exchanges
Address
3 Spectacle Lake Drive, Suite 380, Dartmouth, NS, CAN, B3B 1W8
Chorus Aviation Inc is a Canadian holding company. It aims to deliver regional aviation to the world through its businesses. It specializes in contract flying, maintenance, repair and overhaul, and aircraft leasing solutions. The company operates in two segments namely, the Regional Aviation Services segment includes contract flying, charter operations and maintenance, repair, and overhaul services that are carried on by both Jazz and Voyageur, and the Regional Aircraft Leasing segment leases aircraft to third parties through its wholly-owned subsidiary Chorus Aviation Capital Corp. It generates maximum revenue from the Regional Aviation Services segment.

Chorus Aviation Headlines

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