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. flyExclusive's Average Total Inventories for the quarter that ended in Jun. 2024 was $5.7 Mil. flyExclusive's Revenue for the
three
months ended in Jun. 2024 was $79.0 Mil.
flyExclusive's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.07.
flyExclusive's Inventory-to-Revenue for the quarter that ended in Jun. 2024
increased
from Mar. 2024 (0.07) to Mar. 2024 (0.07)
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.
flyExclusive's Days Inventory for the
three
months ended in Jun. 2024 was 6.57.
Inventory Turnover measures how fast the company turns over its inventory within a year.
flyExclusive's Inventory Turnover for the quarter that ended in Jun. 2024 was 13.89.
flyExclusive Inventory-to-Revenue Historical Data
The historical data trend for flyExclusive'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.
Competitive Comparison of flyExclusive's Inventory-to-Revenue
For the Airlines subindustry, flyExclusive'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.
flyExclusive's Inventory-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, flyExclusive's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where flyExclusive's Inventory-to-Revenue falls into.
flyExclusive 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.
flyExclusive's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 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.
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.
flyExclusive's Days Inventory for the
three
months ended in Jun. 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.
flyExclusive Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of flyExclusive's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
flyExclusive Inc is an owner and operator of curated private aviation experiences dedicated to surpassing passenger expectations for quality, convenience, and safety. Its mission is to be the world's majority vertically integrated private aviation company through capital-efficient program growth, an industry pricing model, optimal dispatch availability, in-house training, and a controlled premium customer experience on modernized aircraft. The company has over 90 aircraft in its owned and leased fleet which includes light, midsize, super-midsize, and large jets. As one of the nation's Citation operators, it has curated a versatile fleet of Citation CJ3/CJ3 plus, Citation Excel/XLS/XLS plus, Citation Encore/Encore plus, Citation Sovereign, and Citation X aircraft.
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