FTAI (FTAI Aviation) Days Inventory : 152.20 (As of Dec. 2024)

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What is FTAI Aviation Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FTAI Aviation's Average Total Inventories for the three months ended in Dec. 2024 was $521 Mil. FTAI Aviation's Cost of Goods Sold for the three months ended in Dec. 2024 was $312 Mil. Hence, FTAI Aviation's Days Inventory for the three months ended in Dec. 2024 was 152.20.

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

FTAI' s Days Inventory Range Over the Past 10 Years
Min: 35.2 Med: 107.5 Max: 178.62
Current: 145.28

During the past 13 years, FTAI Aviation's highest Days Inventory was 178.62. The lowest was 35.20. And the median was 107.50.

FTAI's Days Inventory is ranked worse than
84.93% of 670 companies
in the Business Services industry
Industry Median: 28.49 vs FTAI: 145.28

FTAI Aviation's Days Inventory increased from Dec. 2023 (148.52) to Dec. 2024 (152.20). It might indicate that FTAI Aviation's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. FTAI Aviation's Inventory Turnover for the three months ended in Dec. 2024 was 0.60.

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. FTAI Aviation's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.04.

FTAI Aviation Days Inventory Historical Data

The historical data trend for FTAI 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.

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FTAI Aviation Days Inventory Chart

FTAI Aviation Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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94.94

178.62

120.05

130.44

151.71

FTAI 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															148.52	156.75	124.90	142.73	152.20

Competitive Comparison of FTAI Aviation's Days Inventory

For the Rental & Leasing Services subindustry, FTAI 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.

FTAI Aviation's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FTAI Aviation's Days Inventory distribution charts can be found below:

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

FTAI Aviation Days Inventory Calculation

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

FTAI 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
=	( (316.637	+	551.156)	/	2 )	/	1043.948	*	365
=	433.8965					/	1043.948	*	365
=	151.71

FTAI 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
=	( (490.997	+	551.156)	/	2 )	/	312.405	*	365 / 4
=	521.0765					/	312.405	*	365 / 4
=	152.20

FTAI Aviation (NAS:FTAI) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	312.405	/	521.0765
	=	0.60

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	521.0765	/	498.819
	=	1.04

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.

FTAI Aviation Days Inventory Related Terms

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

FTAI Aviation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » FTAI Aviation Ltd (NAS:FTAI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

FTAIN.PFD:USA FTAIO.PFD:USA

Address

1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105

Website

https://www.ftaiaviation.com

FTAI Aviation Ltd is a aerospace company .It owns and maintains commercial jet engines with a focus on CFM56 engines. FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. It invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation.

Executives

Paul R Goodwin	director	CSX CORPORATION, 901 E. CARY STREET, RICHMOND VA 23219
Adams Joseph P. Jr.	director, officer: Chief Executive Officer	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Ray M Robinson	director	1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Martin Tuchman	director	633 PROSPECT AVE, PRINCETON NJ 08540
Eun Nam	officer: Chief Accounting Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Washington State Investment Board	10 percent owner	2100 EVERGREEN PARK DR SW, PO BOX 40916, OLYMPIA WA 98504-0916
Scott Christopher	officer: Chief Accounting Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Kenneth J. Nicholson	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
A Andrew Levison	director	124 WEST PUTNAM AVE, GREENWICH CT 06830
Judith A Hannaway	director	C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jonathan Atkeson	officer: CFO and COO	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Wesley R Edens	director, 10 percent owner	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Worldwide Transportation & Infrastructure Gp Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fortress Worldwide Transportation & Infrastructure Investors Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105