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Willis Lease Finance (FRA:WIJ) Change In Inventory : €-43.7 Mil (TTM As of Mar. 2024)


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What is Willis Lease Finance Change In Inventory?

Willis Lease Finance's change in inventory for the quarter that ended in Mar. 2024 was €-40.6 Mil. It means Willis Lease Finance's inventory increased by €40.6 Mil from Dec. 2023 to Mar. 2024 .

Willis Lease Finance's change in inventory for the fiscal year that ended in Dec. 2023 was €-1.6 Mil. It means Willis Lease Finance's inventory increased by €1.6 Mil from Dec. 2022 to Dec. 2023 .

Willis Lease Finance's Total Inventories for the quarter that ended in Mar. 2024 was €78.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Willis Lease Finance's Days Inventory for the quarter that ended in Mar. 2024 was 186.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Willis Lease Finance's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.49.

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. Willis Lease Finance's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.53.


Willis Lease Finance Change In Inventory Historical Data

The historical data trend for Willis Lease Finance's Change In 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.

Willis Lease Finance Change In Inventory Chart

Willis Lease Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.20 5.78 7.01 13.49 -1.57

Willis Lease Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory 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 1.44 -4.12 -3.29 4.34 -40.57

Willis Lease Finance Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-43.7 Mil.

* 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.


Willis Lease Finance  (FRA:WIJ) Change In Inventory Explanation

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

Willis Lease Finance's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=57.9535/28.303*365 / 4
=186.84

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

Willis Lease Finance's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

3. 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.

Willis Lease Finance's Inventory to Revenue for the quarter that ended in Mar. 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.


Willis Lease Finance Change In Inventory Related Terms

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Willis Lease Finance (FRA:WIJ) Business Description

Traded in Other Exchanges
Address
4700 Lyons Technology Parkway, Coconut Creek, FL, USA, 33073
Willis Lease Finance Corp with its subsidiaries is a lessor and servicer of commercial aircraft and aircraft engines. The company has two reportable business segments namely Leasing and Related Operations which involves acquiring and leasing, pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment and the selective purchase and resale of commercial aircraft engines and other aircraft equipment and other related businesses and Spare Parts Sales segment involves the purchase and resale of after-market engine parts, whole engines, engine modules and portable aircraft components.

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