Volato Group (Volato Group) Days Inventory : 0.00 (As of Mar. 2024)

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What is Volato Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Volato Group's Average Total Inventories for the three months ended in Mar. 2024 was $0.00 Mil. Volato Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $17.49 Mil. Hence, Volato Group's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

SOAR.WS's Days Inventory is not ranked ^*
in the Transportation industry.
Industry Median: 11.57
* Ranked among companies with meaningful Days Inventory only.

Volato Group'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. Volato Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Volato Group Days Inventory Historical Data

The historical data trend for Volato Group'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.

Volato Group Days Inventory Chart

Volato Group Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

Volato Group Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Volato Group's Days Inventory

For the Airports & Air Services subindustry, Volato Group'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.

Volato Group's Days Inventory Distribution in the Transportation Industry

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

* The bar in red indicates where Volato Group's Days Inventory falls into.

Volato Group Days Inventory Calculation

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

Volato Group'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 )	/	82.025	*	365
=	0					/	82.025	*	365
=	0.00

Volato Group'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 )	/	17.492	*	365 / 4
=	0					/	17.492	*	365 / 4
=	0.00

Volato Group (AMEX:SOAR.WS) 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.

Volato Group's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	17.492	/	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.

Volato Group's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	13.211
	=	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.

Volato Group Days Inventory Related Terms

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Volato Group (Volato Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Volato Group Inc (AMEX:SOAR.WS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SOAR:USA

Address

1954 Airport Road, Suite 124, Chamblee, GA, USA, 30341

Website

https://www.flyvolato.com

Volato Group Inc operates an aircraft ownership program, provides ad-hoc charter flights, sells deposit products, and manages aircraft for owners in the private aviation industry. The Volato aircraft ownership program consists of facilitating the formation of limited liability companies owned by third-party members. Subsequently, the Company sells an aircraft to each limited liability company.

Volato Group (Volato Group) Headlines

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