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Alliance Aviation Services (ASX:AQZ) Inventory-to-Revenue : 0.40 (As of Jun. 2024)


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What is Alliance Aviation Services Inventory-to-Revenue?

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. Alliance Aviation Services's Average Total Inventories for the quarter that ended in Jun. 2024 was A$134.6 Mil. Alliance Aviation Services's Revenue for the six months ended in Jun. 2024 was A$338.5 Mil. Alliance Aviation Services's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.40.

Alliance Aviation Services's Inventory-to-Revenue for the quarter that ended in Jun. 2024 increased from Dec. 2023 (0.36) to Dec. 2023 (0.40)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alliance Aviation Services's Days Inventory for the six months ended in Jun. 2024 was 119.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alliance Aviation Services's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.53.


Alliance Aviation Services Inventory-to-Revenue Historical Data

The historical data trend for Alliance Aviation Services's Inventory-to-Revenue 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.

Alliance Aviation Services Inventory-to-Revenue Chart

Alliance Aviation Services Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.23 0.23 0.17 0.18

Alliance Aviation Services Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Inventory-to-Revenue 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 0.43 0.36 0.32 0.36 0.40

Competitive Comparison of Alliance Aviation Services's Inventory-to-Revenue

For the Airports & Air Services subindustry, Alliance Aviation Services's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Alliance Aviation Services's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Alliance Aviation Services's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Alliance Aviation Services's Inventory-to-Revenue falls into.



Alliance Aviation Services Inventory-to-Revenue Calculation

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.

Alliance Aviation Services's Inventory-to-Revenue for the fiscal year that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (A: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )
=( (89.61 + 143.57) / 2 ) / 637.19
=116.59 / 637.19
=0.18

Alliance Aviation Services's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (125.556 + 143.57) / 2 ) / 338.506
=134.563 / 338.506
=0.40

* 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.


Alliance Aviation Services  (ASX:AQZ) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Alliance Aviation Services's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=134.563/206.046*365 / 2
=119.19

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

Alliance Aviation Services's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=206.046 / 134.563
=1.53

* 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.


Alliance Aviation Services Inventory-to-Revenue Related Terms

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Alliance Aviation Services Business Description

Traded in Other Exchanges
N/A
Address
81 Pandanus Avenue, P.O. Box 1126, Brisbane Airport, Brisbane, QLD, AUS, 4009
Alliance Aviation Services Ltd is an aviation services provider. The company is engaged in the provision of contract, charter, and allied aviation services. It serves the mining, energy, tourism, and government sectors. The company also provides specialized aviation services to other airlines and clients including aircraft wet leasing, airport management, aircraft trading, parts sales, engine leasing and engineering services. It derives maximum revenue from Contract services.

Alliance Aviation Services Headlines

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