Wheels Up Experience (Wheels Up Experience) Days Inventory : 8.34 (As of Dec. 2023)

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What is Wheels Up Experience Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wheels Up Experience's Average Total Inventories for the three months ended in Dec. 2023 was $24 Mil. Wheels Up Experience's Cost of Goods Sold for the three months ended in Dec. 2023 was $264 Mil. Hence, Wheels Up Experience's Days Inventory for the three months ended in Dec. 2023 was 8.34.

The historical rank and industry rank for Wheels Up Experience's Days Inventory or its related term are showing as below:

UP' s Days Inventory Range Over the Past 10 Years
Min: 2.29 Med: 4.99 Max: 10.76
Current: 10.21

During the past 5 years, Wheels Up Experience's highest Days Inventory was 10.76. The lowest was 2.29. And the median was 4.99.

UP's Days Inventory is ranked better than
54.04% of 779 companies
in the Transportation industry
Industry Median: 11.4 vs UP: 10.21

Wheels Up Experience's Days Inventory declined from Dec. 2022 (11.57) to Dec. 2023 (8.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wheels Up Experience's Inventory Turnover for the three months ended in Dec. 2023 was 10.95.

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 three months ended in Dec. 2023 was 0.10.

Wheels Up Experience Days Inventory Historical Data

The historical data trend for Wheels Up Experience'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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Wheels Up Experience Days Inventory Chart

Wheels Up Experience Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

2.80

2.29

7.18

10.76

Wheels Up Experience Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial										11.57	12.83	10.44	7.94	8.34

Competitive Comparison of Wheels Up Experience's Days Inventory

For the Airports & Air Services subindustry, Wheels Up Experience'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.

Wheels Up Experience's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wheels Up Experience's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wheels Up Experience's Days Inventory falls into.

Wheels Up Experience Days Inventory Calculation

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 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
=	( (53.826	+	22.262)	/	2 )	/	1291.039	*	365
=	38.044					/	1291.039	*	365
=	10.76

Wheels Up Experience's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (26.052	+	22.262)	/	2 )	/	264.431	*	365 / 4
=	24.157					/	264.431	*	365 / 4
=	8.34

Wheels Up Experience (NYSE:UP) 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.

Wheels Up Experience's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	264.431	/	24.157
	=	10.95

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.

Wheels Up Experience's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	24.157	/	246.38
	=	0.10

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.

Wheels Up Experience Days Inventory Related Terms

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

Wheels Up Experience (Wheels Up Experience) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 West 26th Street, Suite 900, New York, NY, USA, 10001

Website

https://www.wheelsup.com

Wheels Up Experience Inc is the 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. Its offerings consist of multi-tiered membership programs, on-demand flights across all private aircraft cabin categories, aircraft management, retail and wholesale charter, aircraft sales, corporate flight solutions, special missions, signature events and experiences, and commercial travel benefits through its strategic partnership with Delta.

Executives

Donald Lee Moak	director	601 WEST 26TH STREET, SUITE 900, NEW YORK NY 10001
Knighthead Opportunities Capital Management, Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Certares Opportunities Llc	10 percent owner	350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Andrew Stephen Davis	director	500 OLD DOMINION WAY, THOMASVILLE NC 27360
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
Mark Briffa	officer: Chief Commercial Officer	601 WEST 26TH ST. SUITE 900, NEW YORK NY 10001
Daniel C. Janki	director	5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Kristen Lauria	officer: See Remarks	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192